Wed, 26 November
-2.9 C
Yerevan
USD: 381.31 RUB: 4.82 EUR: 439.96 GEL: 140.98 GBP: 500.55

Areximbank-Gazprombank Group opens credit lines for payment of gas bills

YEREVAN, November 14, /ARKA/. Areximbank-Gazprombank Group said it has launched a new service for its customers offering credit lines for payment of natural gas bills.

The natural gas is delivered to Armenia by joint Armenian-Russian ArmRosGazprom (ARG) Company in which more than 80% is owned by Russian Gazprom. The new service is available to both individual and corporate customers, the bank said in a press release.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. The bank is owned fully by Russian Gazprombank and has 6 branches in Yerevan and 9 in regions. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

US dollar and ruble exchange rates rise against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on November 18, 2025, increased by 0.29 points compared to November 17, reaching 382.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img