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Russian Agricultural Bank Opens Branch In Armenia

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  • Russian Agricultural Bank Opens Branch In Armenia

    RUSSIAN AGRICULTURAL BANK OPENS BRANCH IN ARMENIA

    news.am
    October 18, 2012 | 17:59

    The office of the "Russian Agricultural Bank" JSC is registered in
    Armenia. As the press service of the Central Bank informed Armenian
    News - NEWS.am, the head of the Armenian Central Bank signed the
    corresponding decision on October 16.

    The "Russian Agricultural Bank" JSC is one of the largest banks in
    Russia. It was founded in 2000 to develop the national credit and
    financial system of agriculture and the rural areas of the Russian
    Federation. 100% of the shares are owned by the Russian state.

    The Russian Agricultural Bank is the fourth largest in the Russian
    banking system in terms of asset and is one of the three leaders of
    reliability rating of the largest Russian banks. The credit portfolio
    of the bank is more than 1 trillion rubles for July 1, 2012. There are
    representative offices of the bank in Belarus, Kazakhstan, Tajikistan
    and Azerbaijan.

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