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MarketScreener Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Bank VTB PAO    VTBR   RU000A0JP5V6

BANK VTB PAO

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VTB Bank : (Armenia) announces to all Visa cardholders the start of the  Dubai Shopping Festival

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01/11/2019 | 12:13pm EDT

ArmInfo. VTB Bank (Armenia) is happy announce to all Visa card holders the start of the Dubai Shopping Festival, which runs until January 26, 2019, the press service of the bank informs. Within the scope of the offer, by paying with a Visa card at Jumeirah Hotels & Resorts, cardholders will receive a discount of up to 25% when booking a room and up to 20% at Jumeirah restaurants. There is an exclusive 15% discount on the Dubai Pass card, allowing you to visit 30 sights in Dubai. At the same time, there are different offers in Majid-Al-Futaim and Meraas shopping centers during the Shopping Festival in Dubai. "Dubai Shopping Festival is a world-class shopping holiday that gathers thousands of buyers and sellers from around the world every year," the report reads. More information about the festival is available at https://ae.visamiddleeast.com/en_AE/pay-with- visa/promotions/dsf.html According to the 16th issue of the analytical review "Armenian Banks in Card Business" prepared by ArmInfo, VTB Bank (Armenia) holds the leading position in terms of the number of active cards, both general and MasterCard and Visa, as well as the volume of plastic transactions. So, on October 1, 2017, the Bank has almost 334 thousand cards, of which over 181 thousand are MasterCard and about 153 thousand are Visa. For 9 months of 2017, the volume of plastic transactions on VTB Bank (Armenia) cards was 181.2 billion drams, of which about 93% or 167.2 billion are ATM transactions. The Bank managed to increase the volume of plastic transactions in the annual cut by 13.5%, and ATM transactions by 14%. Until 2013, VTB Bank (Armenia) issued and serviced only international VISA cards, and since September of that year, becoming a full member of the international payment system MasterCard Worldwide, started issuing and servicing Cirrus / Maestro and MasterCard cards, along with servicing and local ArCa cards. VTB Bank (Armenia) has its own processing. VTB Bank (Armenia) CJSC became a participant in the international financial group VTB in April 2004. At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. The coverage of the branch network of VTB Bank (Armenia) has 67 branches with presence not only in the capital, but also in all regions of the country.

(c) 2019 ArmInfo News Agency. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
BANK VTB PAO End-of-day quote.
MASTERCARD -0.87% 264.47 Delayed Quote.40.19%
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Financials (RUB)
Sales 2019 616 B
EBIT 2019 -
Net income 2019 146 B
Debt 2019 -
Yield 2019 3,23%
P/E ratio 2019 4,32
P/E ratio 2020 4,02
Capi. / Sales 2019 0,85x
Capi. / Sales 2020 0,80x
Capitalization 521 B
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 0,04  RUB
Spread / Average Target 9,5%
EPS Revisions
Managers
NameTitle
Andrey Leonidovich Kostin Chairman-Management Board & President
Anton Germanovich Siluanov Chairman-Supervisory Council
Herbert Moos Chief Financial Officer
Artur Matthias Warnig Member-Supervisory Council
Serguei Konstantinovich Dubinin Member-Supervisory Council
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