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RUSAG OPENS REPRESENTATIVE OFFICE IN ARMENIA
Economic News (Information Agency Oreanda)
October 24, 2012 Wednesday
Russia
Yerevan. OREANDA-NEWS . October 24, 2012. The Central Bank of Armenia
registered the representative office of Russian Agricultural Bank
(RusAg) in the city of Yerevan, reported the press-centre of RusAg.
The representative office will render assistance to RusAgs clients
in their export-import transactions aimed to promote the interests
of Russian agricultural producers and to increase the volume of the
Banks operations and revenues.
Russian Agricultural Bank (RusAg) is a 100% state-owned bank
regulated by the Bank of Russia. RusAg is one of the leading financial
institutions providing lending support to Russian agribusiness.
Russian Agricultural Bank acts as a Government agent providing
financial services to agribusiness and rural population, which makes
up 27% of the total population. Russian Agricultural Bank plays a
key role in the implementation of the State Program on Agribusiness
Development. The Bank's development role is based on its good knowledge
of the Russian agribusiness sector. RusAg offers a large product range
oriented on the target market segment and its wide regional coverage.
Today, Russian Agricultural Banks network of 78 regional branches
and over 1500 additional offices covers the whole territory of the
Russian Federation and is the second largest regional branch network
in the country. RusAgs local presence provides a significant marketing
advantage and access to regional client base.
Russian Agricultural Bank provides banking services nationwide to
over two million clients. The Bank's policy is to make the whole
range of banking services available to its clients both in urban and
rural areas.
From: A. Papazian
Economic News (Information Agency Oreanda)
October 24, 2012 Wednesday
Russia
Yerevan. OREANDA-NEWS . October 24, 2012. The Central Bank of Armenia
registered the representative office of Russian Agricultural Bank
(RusAg) in the city of Yerevan, reported the press-centre of RusAg.
The representative office will render assistance to RusAgs clients
in their export-import transactions aimed to promote the interests
of Russian agricultural producers and to increase the volume of the
Banks operations and revenues.
Russian Agricultural Bank (RusAg) is a 100% state-owned bank
regulated by the Bank of Russia. RusAg is one of the leading financial
institutions providing lending support to Russian agribusiness.
Russian Agricultural Bank acts as a Government agent providing
financial services to agribusiness and rural population, which makes
up 27% of the total population. Russian Agricultural Bank plays a
key role in the implementation of the State Program on Agribusiness
Development. The Bank's development role is based on its good knowledge
of the Russian agribusiness sector. RusAg offers a large product range
oriented on the target market segment and its wide regional coverage.
Today, Russian Agricultural Banks network of 78 regional branches
and over 1500 additional offices covers the whole territory of the
Russian Federation and is the second largest regional branch network
in the country. RusAgs local presence provides a significant marketing
advantage and access to regional client base.
Russian Agricultural Bank provides banking services nationwide to
over two million clients. The Bank's policy is to make the whole
range of banking services available to its clients both in urban and
rural areas.
From: A. Papazian