Wed, 11 March
-2.9 C
Yerevan
USD: 377.41 RUB: 4.79 EUR: 439.27 GEL: 137.62 GBP: 507.62

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

YEREVAN, January 29. /ARKA/. In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions. According to calculations by experts at NSV Consulting, Armenia was one of the destinations where interest was recorded.

According to the company’s data, cited by TASS, Armenia ranked third in terms of account opening requests, accounting for 25% of all inquiries. Second place went to opening accounts for foreign companies at Russian banks. The United Arab Emirates led the way in terms of number of requests, accounting for approximately 50% of interest in opening accounts in foreign jurisdictions in 2025.

In addition to Armenia, Serbia also enjoyed steady demand, and interest in opening accounts in China and Oman, according to experts, continued to grow.

The company expects interest in the Armenian market to continue into 2026. “According to our forecasts, account openings in the UAE, Serbia, and Armenia will continue to be in demand in 2026. Interest in working with Armenia and Serbia, in addition to financial interests, is fueled by a comfortable environment for communication and living,” said Ksenia Samoylenko, senior associate at NSV Consulting.

spot_img

POPULAR

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

Market capitalization increased by 6.53% in February, reaching 478 billion drams – Armenia Securities Exchange

YEREVAN, March 6. /ARKA/. Equity market capitalization increased by...

Armenia ratified an agreement with IBRD on $80 million water supply modernization program

At its meeting on Wednesday, the National Assembly of Armenia ratified the credit agreement with the International Bank for Reconstruction and Development (IBRD, the structure of the World Bank) under the program of improving water supply and irrigation services in Armenia.

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.

LATEST NEWS

spot_imgspot_imgspot_img