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USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
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Transactions of ArCa in “Areximbank-Group of Gazprombank” in September increased by 21.8%

YEREVAN, October 4. /ARKA/. Volume of ArCa cards in the network of “Areximbank-Group of Gazprombank” increased by 21.8% in September 2011 compared to September 2010, press-service of the bank informed.

Volumes of non-cash payments by bank cards through POS terminals increased by 57.8% in September 2011 compared to September 2010.

Areximbank-Group of Gazprombank operates in the financial market of Armenia since 1998. It is the affiliate of Russian “Gazprombank”. As of August 30, 2011 the Bank has served 54 341 clients, of which 52 506 are individuals and 1 835 – legal entities. At present, the branch network of the Bank has 15 sub-divisions, of which 6 are in Yerevan and 9 – in different regions of the country. –0–

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

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