Wed, 4 February
1.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Cascade Bank joins Bystraya Pochta money transfer system

YEREVAN, February 16, /ARKA/. Armenian Cascade Bank has joined Bystraya Pochta system of money transfers, the bank’s press office told ARKA news agency.

It said in a press release that clients can implement quick and safe remittances in USD, Euros via this system which operates in almost all CIS countries.

Since 2008 Cascade Bank has been coopering with MIGOM and MONEY GRAM money transfer systems. Money transfers can be made both from the bank’s head office and its branches.

Cascade Bank was established in 2006 when Cascade Capital Holding acquired 100% of Emporiki Bank. The bank cooperates with EBRD. In 2006 it was chosen by Millennium Challenges-Armenia to service its account as part of a five year assistance program to Armenia by the government of the USA.  -0-

spot_img

POPULAR

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

LATEST NEWS

spot_imgspot_imgspot_img