YEREVAN, January 21. /ARKA/. NASDAQ OMX Armenia stock exchange has recognized Bank VTB (Armenia) cjsc as the best forex market participant in 2013, the bank’s press office reported.

The stock exchange summarized the year 2013 results on January 17 and announced the winners of the contest entitled “Best 2013 Stock Exchange Participant”. Executive director of the Union of Banks of Armenia Seyran Sargsyan awarded winners at an official awarding ceremony.

The stock exchange selected 2013 best participants in five nominations – corporate securities, government bonds, loan resources, forex market and stock market. Winners were determined from three candidates in each category.

Bank VTB (Armenia) won also two other nominations – best participant of government securities market and best stock market participant.

The bank is happy to remain one of the most active players in NASDAQ OMX Armenia stock exchange, general director and chairman of board of Bank VTB (Armenia) Yury Gusev said. The bank will continue its efforts to further improve quality of its services and to become even more active in the stock exchange, he said.

NASDAQ OMX Armenia established the best stock exchange participant awards in 2010 to encourage companies that provide investment services, apply code of professional ethics and are actively involved in stock exchange trading to promote development of capital market in Armenia.

Bank VTB (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB ojsc is now the full owner of Bank VTB (Armenia).

The bank is among leaders of Armenian banking system in a number of basic indicators. It currently has the biggest network in Armenia – 67 branch offices across the country. –0--