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VTB-Armenia Bank Is Not Under Threat

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  • VTB-Armenia Bank Is Not Under Threat

    VTB-ARMENIA BANK IS NOT UNDER THREAT

    Panorama.am
    19:00 15/10/2008

    The press service of "VTB-Armenia" officially rejects the news stating
    that the bank has problems with consuming market. Remind that in these
    days the former Prime Minister of Armenia Hrant Bagratyan invited a
    press conference to analyze the international economic crisis and its
    impact on Armenia. Bagratyan said that the international banks face
    real difficulties and "VTB" and its Armenian branch are also under
    threat of liquidization.

    "VTB-Armenia" assures that they are universal daughter bank in the
    frames of "VTB" group and not a branch of it. The bank also rejects
    the statement made by H. Bagratyan on "Teghut" CSJC.
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