YEREVAN, April 12. /ARKA/. “Bank VTB (Armenia)” connected to a regular international money transfer system "Leader".

Starting from April 11, physical entities – the clients of the bank can have opportunity to send and receive money at any of 68 branches of “VTB Bank (Armenia)”, also by money transfer system "Leader" in US dollars, euros and Russian rubles.

"The system “Leader” has become the ninth international money transfer system, whose services can benefit customers of the bank. They, like the entire population of the country, will be provided by low-differentiated tariffs, which currently is the most important factor when choosing money transfer systems. Moreover, the bank continues to expand the circle of cooperation with various money transfer systems, planning to take a leading position in the market of money transfers in Armenia by the end of this year ", said Director of Retail Business Development Department of “VTB Bank (Armenia)” Artak Khachatryan.

The system "Leader" covers more than 30.000 points in 38 countries worldwide. Money transfer takes not more than 10 minutes. The system "Leader" operates in the market since 2003 and now is one of the leading Russian money transfer systems. Organizer of "Leader" is CJSC “LEADER” (Moscow, Russia).

As of April 11, 2011, there are a total of nine different systems of money transfer (SWIFT, MoneyGram, Migom, Blizko, Inter Express, Anelik, Fast Mail, and RIA Money Transfers) in “VTB Bank (Armenia)” with the system "Leader" which, in its turn, provides the population of the country with highly competitive banking services in the market.

CJSC “Bank VTB (Armenia)” became participant of international financial group VTB in April 2004. Currently it is the second largest in Russia, VTB Bank (CJSC) owning 100% of shares of “Bank VTB (Armenia)”. The Bank is traditionally among the leaders of the banking system of Armenia by a number of key indicators. The Bank now owns the largest branch network in the country - 68 branches.-0--