57 BRANCHES OF VTB BANK (ARMENIA) CONNECTED TO ON-LINE SYSTEM

/ARKA/
June 15, 2009
YEREVAN

YEREVAN, June 15. /ARKA/. The VTB Bank (Armenia), which has the largest
branch network in Armenia (78 branches), is successfully implementing
its program of expanding its on-line presence in the Armenian regions.

The bank’s press service reports that 57 branches of the bank have been
connected to the on-line system: 31 in Yerevan, two in Hrazdan, and
one in each of the following towns: Vedi, Artashat, Masis, Echmiadzin,
Gavar, Martuni, Vardenis, Dilijan, Yeghegnadzor, Jermuk, Vaik, Sisian,
Goris, Meghri, Kapan, Charentsavan, Ijevan, Tumanyan, Noyemberyan,
Artirk, Talin, Armavir, Berd as well as the village of Baghramyan.

Head of the Operations Department, VTB Bank (Armenia) A. Sargsyan said
that three to four branches of the bank are connected to the on-line
system daily. "Our task is to complete the process within two months,"
he said.

The VTB Bank (Armenia) is thus consistently implementing a new
program of enhancing service quality and a policy of developing bank
communication applying modern technologies.