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Large-scale international stone festival to be held in Armenia
... designers, construction companies. Representatives of different countries get acquainted at this festival. Many guests come from Russia. After the festival, there were cases when designers and architects collaborated and created interesting projects related ... ... Badalyan also answered the question of how much demand there is for Armenian stone in international markets. "At the moment, Sberbank is building its own city, Sbercity, in the Moscow region, and Armenian stone is being delivered there," the founder ...
04/18/2025Forbes includes Ruben Vardanyan, Eduardo Ernekian, Kim Kardashian in the list of the richest people in the world
... billion He owns Far Eastern and Siberian coal mining and gas companies. He received investment capital from the sale of stakes in Russian telecommunications companies Megafon and Yota. He is a major shareholder in a company that holds a coal mining license ... ... the investment company Troika Dialog in the early 1990s. In 2013, Vardanyan and his managers sold Troika Dialog to state-owned Sberbank for $1.4 billion. In 2014, Vardanyan founded Vardanyan, Broitman & Partners, an investment boutique that caters ...
04/02/2025Gref describes the idea of windfall tax for banks unprofessional
The head of Russian Sberbank German Gref voiced today his opposition to any withdrawal of income from the banking sector, which is set to close this year with record profits. YEREVAN, December 6. /ARKA/. The head of Russian Sberbank German Gref voiced today his opposition to any withdrawal ...
12/06/2023Armenian investor buys one of the biggest offices in Russian St. Petersburg
Balchug Capital Fund founded by Armenia-born David Amaryan has bought Pulkovo Sky business center near Pulkovo airport in Russian St. Petersburg from Finnish EKE and Vicus companies, according to the Russian Unified State Register of Real Estate. ... ... Russian stock market, which fell after the outbreak of hostilities in Ukraine. He bought shares in Rosneft, LUKOIL, Gazprom, Sberbank and other companies, the Wall Street Journal wrote. The Fund had also bought cheaper Russian shares in 2014, when foreign ...
02/03/2023VTB is the first Russian bank to announce the launch of digital ruble transactions
VTB is the first Russian bank to present a prototype service for opening a digital wallet on the Central Bank platform and digital ruble transfer; ... ... amount of rubles they have in their correspondent account. The same thing will happen with the digital ruble," he explained. Sberbank predicted in 2020 that 2-4 trillion non-cash rubles may be circulated three years after the appearance of a new form ...
11/11/2022Electric car production startup of billionaire Ruben Vardanyan and head of Kamaz looking for $150 million investment
Electric car production startup set up by billionaire Ruben Vardanyan and head of Russia's largest truckmaker Kamaz is looking for $150 million investment, according to RTVI. YEREVAN, October 14. /ARKA/.... ... Armenian origin. In 1991, together with the American Peter Derby, he founded the brokerage company Troika Dialog, which he sold to Sberbank in 2011 for $1.4 billion. The businessman is on the boards of several Russian companies, including Avtovaz, Kamaz and ...
10/14/2022New opportunities may emerge for Armenia due to Russian military operation in Ukraine - Economy Minister (EXCLUSIVE)
The Russian full-scale military operation in Ukraine is a cause of great concern, but apart from causing problems, it may also provide ... ... targeted the “core infrastructure” of Russia’s financial system, sanctioning two of its largest banks – state-backed Sberbank and VTB Bank. The White House released a statement on Thursday saying measures will include “wide restrictions on semiconductors,...
02/28/2022VTB (Armenia) launches first banking chatbot in WhatsApp and Facebook messengers
VTB Bank (Armenia) said today that individuals can make money transfers to Russia in Russian rubles, U.S. dollars and Euros at reduced rates from November 25, 2021 to February 25, 2022. YEREVAN, November ... ... commission regardless of the money transfer amount. The commission for money transfers in USD and EUR to VTB Bank (PJSC) and Sberbank of Russia is 2,390 drams, while the commission for money transfers in the same currencies to other Russian banks is 0....
11/25/2021Acba bank cardholders can receive money transfers from Russia through their phone numbers
As a result of cooperation between Acba bank and Russian Sberbank, it is now possible to receive money transfers from Russia in a matter of seconds in 24/7 mode without providing banking data. A phone number is sufficient, the press service of Acba bank reported. YEREVAN, April 27. /ARKA/. As a result of ...
04/27/2021Armenia is a popular destination for Russians during May holidays
About 5% of Russian citizens plan to go on vacation to foreign countries for the May holidays, which this year will last for 10 days- from May 1 to May 10, TASS news agency reported, citing a study by Sberbank Insurance and Tutu.ru. YEREVAN, April 27. /ARKA/. About 5% of Russian citizens plan to go on vacation to foreign countries for the May holidays, which this year will last for 10 days- from May 1 to May 10, TASS news agency reported, citing ...
04/27/2021Oleg Smirnov is new head of VTB Bank (Armenia) Board
... customer service, retail network management, car loans and mortgages. Oleg Smirnov was born in 1975. He is a graduate of the Ural State Economic University and the Higher School of Economics and has a degree in economics. He held senior positions in Sberbank of Russia. From 2007 to 2012 he was head of Sberbank in Kazakhstan. In November 2018, he joined the VTB Group. CJSC VTB Bank (Armenia) became a member of the international financial group VTB in l 2004. Currently, the second largest Russian bank owns 100% ...
05/21/2019Daughter of ethnic Armenian businessman is among top 100 young economic leaders of Russia
Tatevik Karapetyan, the daughter of Russia-based ethnic Armenian tycoon Samvel Karapetyan, one of the richest people in Russia, was placed in the list of the top ... ... Rector of the Synergy business school Grigory Avetov (education) and director of the Center for Promising Business Directions of Sberbank Andrei Kartashyan (finance). The project chooses the brightest and most talented representatives of the modern generation ...
04/12/2019Armenia’s banking sector has not seen defaults for 16 years, head of Ameriabank division says
... Liabilities and Capital Management Division at Ameriabank, speaks about what makes Armenia’s banking sector different from that of Russia, what kind of technologies make it move forward and what are Ameriabank’s market consolidation plans. YEREVAN, ... ... transformation: it is obvious that banks are not going to limit themselves to selling financial services only. For example, the Russian Sberbank is positioning itself as a platform for clients who can use a huge number of services through the so-called one stop ...
11/04/2018Head of Tashir group of companies is among 100 most influential Russians
... Russian billionaire Samvel Karapetyam, the head of Tashir group of companies, is rated one of the most influential Russians by the Russian edition of Forbes. Karapetyan is on the 95th spot in the list that includes 100 names of politicians, parliament members,... ... governors, and top managers of large companies. The rating is topped by president Vladimir Putin, who is followed by CEO of Sberbank savings bank German Gref. Third is the head of Gazprom Alexei Miller, who is followed by the chief executive officer of Rosneft oil company Igor Sechin....
08/30/2018Facedown between Russia and West is not affecting Armenia, head of Caucasus Institute says
The escalating confrontation between Russia and the West is having no negative consequences for Armenia, the director of the Yerevan-based Caucasus Institute Alexander ... ... currency markets. According to media reports, shares of Russia's state-owned enterprises and financial institutions such as Sberbank, as well as assets owned by billionaire Oleg Deripaska, took a nosedive. According to various estimates, the capitalization ...
04/11/2018Armenian economy ready for possible shocks from Russia
The Armenian economy is prepared for possible shocks that may be triggered by the current situation in the Russian economy, Deputy Minister of Economic Development and Investments Emil Tarasyan told journalists on Wednesday. YEREVAN,... ... currency markets. According to media reports, shares of Russia's state-owned enterprises and financial institutions such as Sberbank, as well as assets owned by billionaire Oleg Deripaska, took a nosedive. According to various estimates, the capitalization ...
04/11/2018Russia’s former finance minister calls last ten years lost for country’s economy
Alexei Kudrin, former Russian finance minister, speaking Friday in St. Petersburg at a business breakfast of Russia’s Sberbank held as part of the International Economic Forum, said that the last decade is lost for the country’s economy because of privatization waiver. YEREVAN, June 2. /ARKA/. Alexei Kudrin, former Russian finance minister, speaking Friday in ...
06/02/2017Expansion of U.S. sanctions against Russia entities will have no impact on VTB Bank (Armenia) customers
The U.S decision to substantially expand its sanctions against individuals and entities in Russia, including sectoral sanctions, will have no impact on VTB Bank (Armenia) customers, the Yerevan-based bank said today in ... ... Timchenko, the Rotenberg brothers, the Kalashnikov small arms maker, the Izhevsk mechanical plant and also the subsidiaries of Sberbank, VTB and the Rostec state corporation. According to VTB Bank (Armenia) statement, its inclusion in the list of entities ...
12/23/2015Transaero cancels October 23 Moscow-Yerevan flight
Russian airline Transaero has canceled the Moscow-Yerevan-Moscow flight scheduled for October 23, according to Aeroflot air carrier.... ... Transaero. Debt-laden Transaero, once Russia's second-biggest airline, is the subject of bankruptcy proceedings by creditors, Sberbank and Alfa Bank. -0-
10/22/2015Global Finance names Ameriabank best bank of Armenia 2015
... activity, particularly asset growth, profitability, establishment of strategic relations, range of services, competitive price-making policy and innovative decisions. Wells Fargo (the United States), ING (Belgium, the Netherlands), UBS (Switzerland), Sberbank (Russia), TBC (Georgia) and other financial organizations were recognized best as well. Ameriabank CJSC is a universal bank providing investment, corporate and retail banking services in a package. Ameriabank is the first investment bank in Armenia....
03/17/2015Businesses of Russia and Armenia should help people overcome economic transformation - Vardanyan
Business of Russia and Armenia should help their countries to mitigate hardship on populations from transformation from one economic system to another, co-director of Sberbank CIB Ruben Vardanyan said. DILIJAN, June 3. /ARKA/. Business of Russia and Armenia should help their countries to mitigate hardship on populations from transformation from one economic system to another, co-director of Sberbank CIB Ruben ...
06/03/2014SEVEN ARMENIANS AMONG TOP 1000 RUSSIAN MANAGERS IN 2013 RANKING
... Industry. Besides, Ruben Vardanyan, co-chairman of Sberbank CIB, is included in the list of 25 business leaders along with Sberbank President German Gref, RUSAL CEO Oleg Deripaska, VTB24 President Mikhail Zadornov, Kaspersky Labs CEO Eugene Kaspersky, Gazprom Board Chairman Alexey Miller, Rosneft President Igor Sechin and Russian Railway Vladimir Yakunin. In composing this rating, Kommersant newspaper and the Russian Managers Association were guided ...
09/20/2013Ruben Vardanyan: I don’t want to be president
Famous Russian businessman, co-head of Sberbank CIB, ex-president of Skolkovo Business School Ruben Vardanyan confessed in his interview to a Russian TV program host Ksenia Sobchak why he has no wish to become Armenia’s president. YEREVAN, June 14. /ARKA/. Famous Russian businessman, co-head ...
06/14/2013Vekselberg, Usmanov, Kerimov, Chubais and others to help gifted children get education at Dilijan school
Wealthy business people from Russia and Europe, including, of Armenian descent, will create a charitable scholarship fund in the amount of $100 million that ... ... children from Armenia and other countries at Dilijan International School (DIS), project founder and co-director of Russian Sberbank CIB Ruben Vardanyan said today in Yerevan. YEREVAN, June 6. / ARKA /. Wealthy business people from Russia and Europe,...
06/06/2013Six Armenians with total fortune of $10 billion are among 200 wealthiest Russians
... Khachaturov, brothers Nikolai and Sergei Sarkisov, Albert Avdolyan and Ruben Vardanyan are among the 200 wealthiest business people in Russia in 2013, according to the Russian edition of Forbes Magazine. Their total wealth is estimated at about $ 10 billion YEREVAN,... ... interests of Telconet in Russia) Albert Avdolyan with a total fortune of $0.7 billion is on 143rd position and co-director of Sberbank CIB Ruben Vardanyan has $0.5 billion coming 193rd. The richest man in Russia in 2013 is the co-owner of Metalloinvest ...
04/18/2013GeoProMining raises US$250,000,000 syndicated club term loan facility
... current indebtedness and capital investments, Novosti-Armenia agency reported Monday referring to Prime. The financing was arranged by Raiffeisen Bank International AG (“RBI AG”) and ZAO Raiffeisenbank (“RBRU”) (together “RBI Group”), Sberbank of Russia (acting through its Sberbank CIB and Sberbank Switzerland A.G., “Sberbank“) and ZAO UniCredit Bank and UniCredit Bank AG, London (“UniCredit Bank”) (jointly “Mandated Lead Arrangers”). UniCredit Bank AG, London acted as Facility and ...
03/25/2013President Sargsyan discusses prospects for cooperation with Russia's Sberbank governor
On Saturday Armenia’s president Serzh Sargsyan received German Gref, the governor of Russia’s largest Sberbank (Savings bank) to look into ways to further mutually beneficial cooperation. YEREVAN, October 8. / ARKA /. On Saturday Armenia’s president Serzh Sargsyan received German Gref, the governor of Russia’s largest Sberbank (Savings bank) ...
10/10/2011Sberbank to pay for Troika Dialog later this or early next year
... Troika in the next three years will be below $70 million, then no additional payment of $700 million will be made. Earlier, Sberbank head, German Gref, said the closing of the transaction was delayed until the end of this or the beginning of next year due to the protracted ... ... regulators of those countries in which Troika operates. According to Vardanian, the deal was already approved by the Bank of Russia, as well as by regulators of Ukraine and Cyprus. Ruben Vardanian could not say whether Troika Dialog will be able to meet ...
09/27/2011Ardshininvestbank to hand prizes to 30 winners of 2nd phase of “Active client” action in February 2009
... said adding that the Contact system operates mostly in CIS countries and transfers are made mainly by labor migrants working in Russia. Ardshininvestbank received its license on banking activities from the Central Bank of Armenia on February 27, 2003. The ... ... and Bistraya Pochta. The bank is cooperating with a number of Russian banks, such as Promsvyazbank, Socgorbank, For a bank and Sberbank. The bank has 55 branches, including 6 branches in Nagorno-Karabakh Republic and a representative office in Paris. ($1=308....
12/29/2008Fitch Ratings Agency affirms VTB Bank (Armenia) at “BB”, outlook positive
... Support rating reflect the moderate probability of support being forthcoming, if required, from VTBA's sole shareholder, Russia's JSC Bank VTB (VTB, Long-term IDR 'BBB+'). In Fitch's view, VTB would have a strong propensity ... ... 2007. VTB acquired a 70% stake in VTB (Armenia) in March 2004 and the remaining 30% in July 2007. VTBA (formerly known as Armsberbank) has a long history of operations in Armenia and traces its origins to a branch of Sberbank of the USSR, established ...
10/27/2007The Worth of Voucher
Fifteen years ago - on August 14, 1992 - the Russian president issued a decree launching voucher privatization. YEREVAN, August 16. /ARKA/. Fifteen years ago - on August ... ... former “property of the whole people.” In line with the decree, each citizen got a privatization check or voucher in Sberbank (Russia’s Savings Bank). For some reason, the voucher had nominal value of 10,000 rubles (or $60 when the decree ...
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