The office of the "Russian Agricultural Bank” JSC is registered in Armenia. As the press service of the Central Bank informed Armenian News - NEWS.am, the head of the Armenian Central Bank signed the corresponding decision on October 16.

The "Russian Agricultural Bank" JSC is one of the largest banks in Russia. It was founded in 2000 to develop the national credit and financial system of agriculture and the rural areas of the Russian Federation. 100% of the shares are owned by the Russian state.

The Russian Agricultural Bank is the fourth largest in the Russian banking system in terms of asset and is one of the three leaders of reliability rating of the largest Russian banks. The credit portfolio of the bank is more than 1 trillion rubles for July 1, 2012. There are representative offices of the bank in Belarus, Kazakhstan, Tajikistan and Azerbaijan.