BTA Bank Armenia revises downward annual fee for servicing MasterCard Gold cards

YEREVAN, February 17, /ARKA/. BTA Bank Armenia has revised downward the annual servicing fee for MasterCard Gold plastic cards from 30,000 Drams to 12,000 Drams, the bank’s press office said today.

It said also it has reduced the minimum amount on the balance from 20,000 Drams to 10,000 Drams, from $70 to $30, from 60 euros to 20 euros and from 2,000 Russian rubles to one thousand rubles. Late last year the bank’s total capital stood at 5.2 billion Drams, its assets stood at 8.2 billion Drams and liabilities stood at 3 billion Drams.

BTA Bank Armenia is a subsidiary of Kazakh BTA Bank that has offices in Russia, Ukraine, China and the United Arab Emirates.  -0-

spot_img

POPULAR

Armenia’s total public debt exceeded $14 billion as of March 2026

Armenia's total public debt as of March 31, 2026, amounted to $14,077.138 million, a decrease of $57.761 million compared to February 28, 2026. This is according to a report by the National Statistical Committee of Armenia.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 11, 2026, decreased by 0.05 points compared to May 8, to 368.96 drams.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

LATEST NEWS

spot_imgspot_imgspot_img