Banking & Finance
39 articles found
How to Secure Your Investment: Foreign Investment Protection Laws in Armenia
Armenia has established itself as an attractive destination for foreign investment, offering legal protections and a business-friendly environment. Since its independence, Armenia has made significant strides to open its markets and offer strong legal protections for foreign investors. Here’s what makes Armenia’s legal framework particularly appealing for international investors. Armenia’s legal framework is quite liberal, …
Opening a Corporate Bank Account in Armenia: Requirements and Best Practices
Armenia has become an appealing destination for businesses seeking efficient and reliable banking solutions. The country’s well-regulated financial system and strategic location provide an ideal environment for companies looking to establish a corporate presence. Armenian banks support major foreign currencies, impose no or minimal fees for account opening and maintenance, and offer modern online and …
ARMENIA’S BANKING TIGHTROPE: BALANCING BETWEEN EU SANCTIONS AND RUSSIAN RELATIONS
Armenia’s Banking Tightrope: Balancing Between EU Sanctions and Russian Relations Why are Armenian banks hesitant to facilitate fund transfers for ordinary businessmen? In 2014, the European Union adopted Council Regulation No. 833/2014 (“Regulation”), imposing sanctions against Russia for well-known political reasons. Nearly a decade later, the regulation remains in effect, though its content and rules …