YEREVAN, May 18. /ARKA/. VTB Bank (Armenia) intends to open a retail VIP division this year, Valery Ovsyannikov, chairman of the board of VTB Bank (Armenia), said on Wednesday.

He also said that the bank has opened a specialized branch, Moscow, in the Moscow House in Yerevan for VIP clients. This branch serves a corporate segment.

Speaking about the branch network, the director general said that the bank has 68 branches all over Armenia’s territory. Of them, 24 are in Yerevan, and 44 in provinces.

He said that 62 branches had been fully repaired and reequipped and 48 had been brought in conformity with the bank’s style and brand. –0--