VTB Bank (Armenia) makes statement related to a number of publications spreading false information about the bank

 Recently publications have been made on several non-reliable online sources, which spread absolutely false information and harm the reputation of VTB Bank (Armenia). At the same time the authors of this misinformation use unashamedly the dramatic moment in Armenia's political life speculating on the Armenian nation's feelings, the bank notes in its statement spread today. 

"The statements made by these portals, according to which VTB Bank (Armenia) is 100% subsidiary of VTB Bank and Azerbaijan's oil fund owns 3% of its shares and this harms Armenia's interests and serves as a method for gaining information in favor of Azerbaijan can be called nothing but stupidity. These rumors and versions have only one goal: to mislead citizens of Armenia and put in danger financial stability of the country.

As we have already stated for many times, VTB Bank OJSC is the owner of 100% shares of VTB Bank (Armenia). The Russian Federation holds 60,9348% voting shares of the VTB Bank OJSC, private and institutional investors from all over the world are also among the VTB shareholders. 

We find it necessary to note that beside these two low rating and non-trusted resources no other Armenian fair mass media are spreading such information. This testifies to the fact that these websites cannot be considered as respected sources of information in professional environment. 
Besides, VTB Bank (Armenia) as an open and fair bank will not respond to these resources' offers on financial cooperation with the bank, which were received several times by one of them. 

In case of further publication of no grounded information that harms the reputation of VTB Bank (Armenia) and misleads Armenian citizens we reserve the right to take necessary juridical measures for defending the bank's rights, interests and reputation by all legal methods, including prosecution in the court", the bank's statement reads.