YEREVAN, October 16. / ARKA /. VTB Bank (Armenia) said today it has reopened two renovated branches in Nor Nork administrative district of Yerevan and another branch in the town of Charentsavan in central Kotayk province.

The Russian-owned  bank said a set of comprehensive measures have  streamlined customer services, upgraded and technically re-equipped job places, as well as brought the interior of the branches in line with the brand and corporate style of the VTB Group.

According to VTB Bank (Armenia) CEO Yuri Gusev, in addition to new equipment and repairs, the branches have now terminals and queue management systems.

"Our goal is to create high-quality banking services and ensure access to these services to all residents of Armenia", said Gusev.

Mayor of Charentsavan, Hagop Shahgaldyan, was quoted as saying in a bank press release that “conditions created for our residents at VTB Bank (Armenia) are sufficient to make the clients feel comfortable."

VTB Bank (Armenia) is owned fully by Russian VTB Bank. It runs 67 branches across Armenia, more than any other local bank.

The bank's assets as of July 1, 2014 stood at  312.5 billion drams, the liabilities – at 268.5 billion drams, its credit investments – at 230.3 billion drams and its capital – at about 44 billion drams.. ($ 1 - 409.49 drams). -0