Sat, 12 April
13.1 C
Yerevan
USD: 391.07 RUB: 4.66 EUR: 443.20 GEL: 142.03 GBP: 511.21
spot_img

Some 145.7 billion drams worth transactions made in Q 1 by using plastic cards: Central Bank

YEREVAN, June 3. / ARKA /. The Central Bank of Armenia (CBA) said some 145.7 billion drams worth transactions (about 2.9 million transactions) were made in the first three months of 2011 by using plastic cards, by 39 billion drams more from the same time span of 2010, while the number of transactions increased by 26% or 592,166.

According to CBA figures, the amount of cashless operations grew by 7.9% year-on-year to 11.6 billion drams, 7.9% of all card-made transactions. The volume of transactions made via Internet was 2.4 billion drams including 0.5 billion drams worth e-trading.

The CBA said also 48 billion drams worth transactions (1,227,235 transactions) were made by using ArCa cards, by 9.5% or 4 billion drams more if compared to the same period of time in 2010 while the number of transactions increased by 8.8% or 99,060. The volume of transactions made by using VISA plastic cards rose by 54% (21 billion drams) year-on-year to 60 billion drams (955,134 transactions). The volume of transactions made by using

MasterCard surged by 46% or 6.8 billion drams to 21.5 billion drams (453,269 transactions). The volume of transactions made by using other cards grew by 7 billion drams (258,189 transactions) to 16 billion drams.

The CBA said also the number of  ArCa cards grew by 4% to 318,216, while the number of international plastic cards grew by 8.5% (by 35,892 cards). Particularly, the number of VISA cards rose by 10% (by 27,096) to 296,865 cards. The number of MasterCard grew by 9% (10,842) to 126,785 and the number of other international plastic cards contracted by 5% (2,046). Of 21 commercial banks in Armenia providing and servicing plastic cards 19 were members of single ArCa payment system ($1 – 375,97 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img