YEREVAN, March 3. /ARKA/. The Yerevan-based VTB Bank (Armenia) said today it will help those of its customers who were hit by a banking fraud and will return the amounts stolen from their card accounts.

The Russian-owned bank said in a press release that about 200 card accounts of its customers were hit by fraud early in the morning on March 3. According to it, the fraudulent transactions were carried out within a short period of time, but the bank moved promptly to take all the appropriate measures to stop new attempts.

The Bank also said it had sent SMS messages to all customers who have this service activated about their latest transactions, asking them to apply to the bank in case they found a transaction they did not initiate.
VTB Bank (Armenia) said also it has looked into the transaction made over the latest few hours and blocked all detected compromised cards.

The bank said these fraudulent transactions are not of a technical nature, and were made from outside of the bank. ‘The entire infrastructure of the bank is functioning in a normal standard mode,’ it said.
VTB Bank (Armenia) is owned entirely by Russian VTB Bank. It runs 67 branches across Armenia, more than any other local bank.-0-