Zubkov: representation of Rosselkhzbank can provide loans to Armenian agrarians

YEREVAN, February 7. /ARKA/. Russia is ready to open representation of Rosselkhozbank (Russian Agricultural Bank) in Armenia and work in the direction of crediting agricultural producers in Armenia, said the First Vice-Premier of Russia Viktor Zubkov.

“We consider that representation of Rosselkhozbank can be opened in Armenia. At present, it has a good credit portfolio – 1.5 trillion rubles”, he said in the press-conference on Tuesday.

Zubkov said that today Rosselkhozbank is the third bank in Russia after the Savingsbank and VTB. –0–

spot_img

POPULAR

Members of the Board and the CEO of the Universal Health Insurance Fund have been elected in Armenia

Members of the Board of Trustees and the CEO of the Universal Health Insurance Fund have been elected in Armenia, the government press service reported.

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img