Monday, November 21 2016 15:59

ArmInfo. VTB Bank (Armenia) and Visa company launched regular campaign on non-cash operations promotion- "A winter with VTB". The winners of the contest will get different prizez. As ArmInfo has been informed at the bank's press-office, all the Visa card holders of VTB Bank,as well as clients who will obtain the cards during the contest,  will automatically participate to the campaign. 

According to the source, the campaign participants in the period of  November 20,  2016 to February 20, 2017 have to pay all  the goods  and services obtained with the cards inside and outside Armenia,  including internet-purchases (except utilities and other non-cash  transactions implemented  through ATM  machines).

Based on the results of promotion campaign among all the  VISA card  holders of VTB (Armenia), who will have implemented more than 50  non-cash transactions for the biggest amount and 50 non-cash  transactions for the largest quantities, 10 certificates for home  appliance will be played out, as well as the main prize - Hyundai  Solaris vehicle. 

According to ArmInfo's Analytical Review "Armenian Banks in Card  Business", VTB Bank (Armenia) retains leadership on the market of  plastic cards both by the number of cards and the amount of  transactions. By 1 April 2016, the number of active cards of the Bank  made up 496.6 thsd and the total amount of transactions in 2015  exceeded 210.3 bln AMD. The Bank has the biggest number of Visa cards  - over 418.2 thsd by 1 April 2016, and the biggest number of  MasterCards (over 78.3 thsd). Due to the serious (almost 5-fold)  year-over-year growth in active MasterCards amid moderate (8.7%) rise  in active Visa cards, VTB Bank (Armenia) increased the total number  of active cards by 23.8%. As a result, the amount of transactions  with cards grew by 12.8% over year, mostly due to the 21.3% growth in  ATM transactions.  By 1 April 2016, the share of Visa cards in the  total number of active cards exceeded 84%.  As of 1 April 2016, VTB  Bank (Armenia) had 157 ATMs, including 78 in Yerevan and 79 in the  provinces.  The Bank has considerably enlarged its own network of  POS-terminals - from 298 to 345. In addition, VTB Bank (Armenia) and  ACBA-CREDIT AGRICOLE Bank have created a joint ATM network, offering  the holders of Visa and MasterCard issued by VTB Bank (Armenia) to  make use of ACBA-CREDIT AGRICOLE Bank at the same tariffs as in VTB  Bank (Armenia) and vice versa. The joint network has 345 ATMs  throughout Armenia.  The Bank holds the second position by the number  of ATMs and it has joined the top ten by the number of its own  POS-terminals.

To note, before 2013 VTB Bank (Armenia) issued and serviced only Visa  cards. In September 2013, it became a full member of MasterCard  Worldwide and started issuing and servicing Cirrus/Maestro,  MasterCard Standard and MasterCard Gold cards. The Bank also services  ArCa local cards.

VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned  by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia)  is one of the leaders of Armenia's banking sector. It has 67 branches  all over the country (the largest branch network in Armenia).-