VTB Bank (Armenia) jointly with MasterCard sums up results of second phase of motivational program to encourage employees

 VTB Bank (Armenia) in cooperation with MasterCard payment system summed up the results of the second phase of the motivational program to encourage employees increase in sales of cards Cirrus / Maestro, MasterCard Standard and MasterCardGold. The employees of the bank, specializing on sale of bank cards participated in the program.        

According to the press service of the bank, the program was held in two phases starting from May, 2015. Within the motivational program, all employees of VTB Bank (Armenia) realizing sale of MasterCard from August 1 to October 30 2015, received a bonus award, and 20 employees, that showed the best results on the sale of cards, participated in the draw. The winner of the money prize was the financial consultant of the branch of "Aparan" of VTB Bank (Armenia) Mkhitar Mkhitaryan. 

"VTB Bank (Armenia) periodically conducts such kind of campaigns to improve the motivation of its employees and creates opportunities for them to develop their professional skills. We highly appreciate our colleagues who not only professionally conduct their duties, but also show initiative and motivation. Development of VTB Bank (Armenia) would be impossible without a united team, aiming to reach the best results", said General Director-Chairman of Directorate of VTB Bank (Armenia) Yuri Gusev.

According to the analytical review of the "Armenian Banks in Card Business" prepared by ArmInfo news agency, VTB Bank (Armenia) issued jubilee 500 000th card in November 2015, holding the leadership in the number of active cards. As of October 1 2015, the number of the bank's active cards grew by of 25.5%, of which Visa by 20.3% (including more than 92 thousand pension cards), on which the bank also holds the leadership. Bank, becoming a member of MasterCard almost 2 years ago, managed to release more than 25 thousand cards of the system until October 2015, taking the leading position in the top five. In terms of plastic transactions, the bank is also at the first position - more than 143 billion drams for the 9 months of 2015, with an annual growth of 19%. The Bank as of October 1, 2015, had 267 own POS-terminals and 158 ATMs.  Until 2013, VTB Bank (Armenia) issued and serviced only international Visa cards, and then in September of the same year, becoming a principal member of MasterCard international payment system, started issuing and servicing Cirrus/ Maestro, MasterCard Standard and MasterCard Gold cards. In addition, the bank also serves local ArCa cards. 

To recall, the "Bank VTB (Armenia)" CJSC became participant of VTB international financial group in April 2004.  Currently, the second largest in Russia "VTB Bank" CJSC holds 100% of shares of VTB Bank (Armenia). The Bank is traditionally among the leaders of the Armenian banking system on the basic parameters. VTB Bank (Armenia) is the undisputed leader in coverage of the branch network having 67 units to ensure the presence of not only in the capital, but also in all regions of the country.