Almost 200 Russian banks being liquidated today, Deposit Insurance Agency says

YEREVAN, July 3. /ARKA/. About 200 Russian banks are currently in the liquidation phase, Deposit Insurance Agency of the Russian Federation told “Rosiyskaya Gazeta”.

Total amount of insurance compensations since the beginning of the year is now 120 billion rubles, according to the report.

Most part of creditors are not getting their money back fully due to poor assets level in the banks. Reporting fraud and stealing makes almost 87% there. Practically each case of liquidation leads to opening of a criminal case, the Agency says.
About one and a half years ago, the central bank projected in its stress test that if oil price dropped to 60 dollars per barrel and the GDP fell by 7%, then credit organizations would lose their profits, the newspaper says. –0—

spot_img

POPULAR

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

LATEST NEWS

spot_imgspot_imgspot_img