In the relationship between Russia and Turkey, money has “unexpectedly” come to the fore. In particular, the implementation of financial operations between the two countries has become complicated, as Turkish banks refuse to carry out these operations to avoid secondary sanctions. Russian businessmen and even diplomats admit the complexity of the situation.
That circumstance brought the idea of creating a joint bank to the agenda of the Russian-Turkish relationship, through which the parties should ensure the stability of the financial and economic relationship. Kremlin leader Peskov also spoke about the importance of the problem, announcing that the issue of the bank will be on the agenda of Russian President Putin’s visit to Turkey. Will the money issue divide or unite Turkey and Russia? That circumstance will certainly leave its impact on the military-political environment of the Caucasus, taking into account the importance of the Russian-Turkish relationship to it, which perhaps does not need additional confirmation or comment.
Against this background, by the way, the information related to the financial and banking sector of Armenia is noteworthy. Of course, the “combination” here is sectoral, but there is no circumstance that would point to any interdependence, but there were two significant pieces of information in the Armenian press regarding the financial and banking sector of Armenia. British HSBC operating in Armenia for more than two decades, essentially the most prestigious bank operating in Armenia and one of the largest banks in the international banking system, has announced that it is selling its Armenian branch, and the buyer is Ardshinbank. worked Mher Grigoryan, occupying the position of the chairman of the bank’s board in 2011-18.
The deal is still subject to regulatory approval. By the way, it is worth noting that the British bank has announced the policy of optimizing its branches around the world since 2020. The other information is that the other major bank of the banking system of Armenia, Ameriabank, whose founders and shareholders include the former Minister of State of Artsakh, businessman Ruben Vardanyan, who is now in Azerbaijani captivity, may be sold to one of the largest banks in Georgia, Bank of Georgia Group PLC. in The Georgian bank has officially confirmed that it is negotiating to buy the shares of Ameriabank.
