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Areximbank-Gazprombank Group Offers New Service to Its Customers

YEREVAN, May 27, /ARKA/. Areximbank-Gazprombank Group began offering a new plastic card service to its customers. A press release by the bank said anyone may obtain international.

VISA and MasterCard plastic cards without having to visit the bank’s head office or its branches, because they can be obtained on-line. Customers will have to fill in an online application only.

Areximbank-Gazprombank Group (earlier Areximbank) was established in 1998 to handle money transfers form Russia to Armenia and vice versa and support businesses. It is a member of international payments systems VISA International and MasterCard International. As of May 27 it issued 53,930 VISA International and MasterCard International plastic cards.-0-

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Armenia registered an inflation rate of 3.4% in July.

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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