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

Unibank has launched instant transfers by phone number

Phone number transfers are now available in Unibank’s UNIMobile application.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: 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 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

Net inflow of remittances to Armenia from abroad increased approximately 2.7-fold in four months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $728.1 million in January-April 2026, compared to $273.4 million in January-April 2025, according to a report from the Central Bank.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

LATEST NEWS

spot_imgspot_imgspot_img