Tue, 13 January
9.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

CBA registered termination of the activity of “VTB leasing” Armenia, VTB, leasing

YEREVAN, December 27. /ARKA/. Upon the decree of the Chairman of CB Armenia Artur Javadyan, the activity of leasing credit organization “VTB Leasing” was terminated and the organization was considered bankrupt.

CB Armenia reissued the licenses for the implementation of pawn-shop activity of Fast Credit Ltd and Credit Ause LTD. Express Vip Service cjsc and Gold Chance Ltd were provided for organization of pawn-shops.

The branch of Freshe Ltd №3 was awarded license for the implementation of deals of currency exchange.

License № 504 and V-I-F Business are considered ineffective.—0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

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