RDBM INTENDS TO VISIT ARMENIA
Panorama.am
17:32 10/03/2008
The Reconstruction and Development Bank of Moscow (RDBM) plans to
create bank sector for Armenia, Belarus and Uzbekistan. The information
is provided by "Commersant. Business Guide", which held an interview
with the managing director of the bank Sergey Zaytsev.
He mentioned about the plans of the bank to enter developing
markets. "The markets in CIS countries differ by their level of
development, in some cases the non state bank system is just being
developed, and in another countries they have already developed. Thus
we consider Armenia, Belarus and Uzbekistan to be the countries where
we plan to start the bank system entrance," he said.
He added that in these countries the negotiations started with the
working groups, and the legislation is being examined, besides the
consumer preferences, banking services, consumer demands and population
welfare are being analyzed.
Note that RDBM was founded in January 29, 1993. This current bank
is the authorized bank of Moscow Government. In 2005 RDBM entered
investment insurance system. In 2008 International Moody’s Invertors
Service and Fitch Ratings agencies reaffirmed RDBM rate as "stable".