YEREVAN, November 5. /ARKA/. VTB Bank (Armenia) CJSC said today it has resumed cooperation with Armenia’s national natural gas distribution company Gazprom Armenia CJSC, one of the leading Armenian companies.

VTB Bank (Armenia) said together with Gazprom Armenia they intend to create a platform to further strengthen their relations, implement join projects for dynamic development of the country's energy industry.

According to a VTB Bank (Armenia) press release, both sides expressed willingness to continue their relationship and jointly develop and implement financial instruments that will ensure maximum efficiency of their partnership.

VTB Bank (Armenia) CJSC became a participant of the international financial group VTB in 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). The bank runs 67 branches across Armenia. -0-