VTB Bank (Armenia) compensated for lost money to its clients who suffered from swindling transactions

 With reference to the loss of some of its clients' money caused by the swindling transactions made on March 3 VTB Bank (Armenia) informs its clients and mass media that the Bank has fully and in timely manner studied all the transactions made by swindlers and compensated for the lost sums from its own funds transferring the money on the bank accounts of the clients. The press-service of VTB (Armenia) informs that the bank initiated the process of providing new cards instead of blocked ones to all the clients (around 200) who had suffered from the swindlers. 

Besides, the bank has stopped calculation of credit interest rates of those clients who lost their credit funds provided by the bank. The Bank also informs in its statement that the relevant law-enforcement bodies were informed for searching and punishing the swindlers.

To recall, swindling transactions were initiated on March 3 in the morning via a number of VTB (Armenia) cards (up to 200 hundred).  These transactions were made during a short period of time from abroad. The bank has taken corresponding measures and further attempts were stopped. SMS messages were sent to all those clients who had activated SMS notification on every transaction. Consequently all the clients have been informed about their transactions and if they see transactions, which they have not made they should apply to the bank.  Currently VTB Bank (Armenia) has studied all the transactions made within last several hours and blocked the discredited cards.The bank officially stated that these swindling transactions were caused not by technical reasons and the swindling was done outside the bank. The bank's infrastructure operates as per normal.