VTB Bank (Armenia) to launch pension distribution through plastic cards March 2011January 25, 2011 - 13:21 AMT PanARMENIAN.Net - VTB Bank (Armenia) CJSC signed an agreement with the State Service of Social Security of the RA Ministry of Labor and Social Affairs on non-cash payment of pensions through a bank account or card. “From March 2011, pensioners will have the opportunity to receive pensions through plastic cards of VTB Bank (Armenia). Pensioners will be offered two packages: Pension Privilege package, as well as Pension Standard package, as part of which pensioners will be provided with Visa plastic cards for free and they will enjoy the opportunity to be serviced in the bank under special conditions,” the bank press service reported. While making payments through cards, pensioners will be offered discounts in medical and dental centers, drugstores, etc. To receive their pensions through cards, pensioners need to apply to any branch of VTB Bank (Armenia) to sign an agreement. Currently, around 44,000 pensioners are serviced in 68 branches of VTB Bank (Armenia). Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |