Mon, 9 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenian Inecobank, Money Gram Launch Joint Campaign

YEREVAN, September 6. /ARKA/. Armenian Inecobank and Money Gram international payment system have launched a joint campaign, the bank’s press office reported on Monday.

A special card with a protective layer will be given to those clients transferring $200 to 999 or €200 or 999 between September 1 and December 31, 2010 in any branch of the bank through Money Gram system.

An instant bonus of AMD 3,000 can be won immediately upon removal of the protective layer from a special card.

Those clients transferring more than AMD 1 million will get two cards.

An extra card is intended for every additional $500 or €500.

Winners of instant bonus as well as those who don’t win it can take part in monthly drawings.

Winners of the monthly drawings can win AMD 200,000.
Inecobank cjsc was registered on February 7, 1996.

Inecobank was the first bank in Armenia to start serving trade in instalment.

Avetis Baloyan, with his 37.1% of Inecobank’s shares, Karen Safaryan with 33.2%, DEG (Deutsche Investititions-und Entwicklunsgesellschaft mbH), a member of KfW Group, with 13.5% of shares and IFC with 10% are among the bank’s shareholders.

Inecobank cooperates with European Bank for Reconstruction and Development, USAID, KfW, Black Sea Trade and Development Bank and other organizations.

The bank had ten branches by June 30. ($1= AMD 364.48)..-0–

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

LATEST NEWS

spot_imgspot_imgspot_img