BANK VTB (ARMENIA) OBTAINED STATUS OF AGENT OF STATE BONDS IN THE MARKET

ARKA
Feb 23, 2010

YEREVAN, February 23. /ARKA/. CJSC "Bank VTB (Armenia)" obtained status
of Agent in the market of mid-term and long-term state (treasury)
coupon bonds in Armenia.

"Bank VTB (Armenia)" plans to activate transactions with securities
as in primary, as well as in secondary markets and activate provision
of investment services to the clients on the account of competitive
tariff policy.

CJSC "Bank VTB (Armenia)" is a participant of international financial
group VTB since April 2004. Sole shareholder and owner of 100%
of shares – CJSC "Bank VTB (Armenia)" is the second biggest Bank
in Russia.

Bank VTB (Armenia) is within the leaders of banking system of Armenia.

Today CJSC "Bank VTB (Armenia)" has the largest branching network in
Armenia (68 branches, from which 24 are in Yerevan and 44 – in the
regions).