Source Pravda.Ru

Armenia of interest for Russia's banking sector

Armenia is of interest for Russia's banking sector, a result of more intense economic contacts between the two countries. Armenian Central Bank Chairman Tigran Sarkisyan has said this in an interview with Armenia's news agency ARKA. With bilateral economic contacts gathering headway, Russian commercial banks tend to step up co-operation with Armenian partners aiming to facilitate the servicing of financial flows, said Mr Sarkisyan. It is not bank transfers only that are meant by co-operation, but the servicing of Armenia's energy sector, Russian companies dealing in the republic and emerging Armenian-Russian joint companies as well. The bilateral contacts of the present moment are focused on attracting Russian capital into Armenia's banking sector, above all into the International Trade Bank's to boost its assets up to $5 billion, on capitalisation of Yunibank and Areksimbank that specialise both in servicing Russian nationals and companies in Armenia and in transfers. The Armenian Central Bank has confirmed to RIA Novosti that Russia's banking community has shown an interest in buying shares in Nairit-1, Armenia's chemical major.

Comments
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
U.S. Humiliates South Korea, Threatens North Korea
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
U.S. Humiliates South Korea, Threatens North Korea
It is about time Russia should exit Western project
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
It is about time Russia should exit Western project
It is about time Russia should exit Western project
It is about time Russia should exit Western project
U.S. Humiliates South Korea, Threatens North Korea
It is about time Russia should exit Western project
Ukraine's Western allies point their guns at President Poroshenko
U.S. Humiliates South Korea, Threatens North Korea
U.S. Humiliates South Korea, Threatens North Korea
Ukraine's Western allies point their guns at President Poroshenko
USA prepares Russia's neighbours for WWIII