YEREVAN, January 24. /ARKA/. MoneyGram company has awarded Bank VTB (Armenia) a diploma “For significant growth” in the instantaneous money remittance market in 2013, the bank’s press office reported.

Bank VTB (Armenia) has been cooperating with MoneyGram since 2009.

As of November 2013, the bank provided an about 10% growth, compared to the same period of 2012.

Clients of Bank VTB (Armenia) have the opportunity of transferring money via MoneyGram in US dollars to 200 countries at reduced tariffs, starting from 1.3%, and getting money transfers in euros and US dollars. The bank’s clients can also convert the transferred amount at a preferential rate in any branch office.

This award symbolizes importance of partnership between the bank and MoneyGram, general director and chairman of board of Bank VTB (Armenia) Yury Gusev said.

The bank demonstrated constant increase in number of transactions via MoneyGram throughout 2013, Gusev said.

“We are happy with our cooperation and are confident it will be successful in future”, the general director of the bank said.

MoneyGram regional director for Russia, CIS, E. Europe and Israel Yevgeny Butiugin, in his turn, said they appreciate their partnership with the bank and are grateful for high standard of MoneyGram services.
According to Butiugin, high service level helped the bank continue growing and increase number of its MoneyGram clients in 2013.

Bank VTB (Armenia) is offering money transfers also through Avers, Unistream, Fast Mail, InterExpress, Intel Express, Anelik and Ria Money Transfer systems.

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—