Friday, January 11 2019 17:06

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.