ACBA-CREDIT AGRICOLE BANK and Armbusinessbank get permission to join RIA Money transfers

YEREVAN, November 30. /ARKA/. Two Armenian banks – ACBA-CREDIT AGRICOLE BANK and Armbusinessbank have got the Armenian Central Bank’s (CBA) permission to join RIA Money Transfers international remittances system.

Armenian Central Bank said to ARKA the decision was adopted today at CBA Board meeting chaired by CBA governor, Artur Javadyan.

RIA Money Transfers is an international money transfer system operating in more than 110 countries. The network system includes more than 100,000 service offices in the U.S., Canada, UK, Ireland, Spain, Italy, France, Germany, Switzerland, Sweden, Belgium, Australia and other countries. -0-

spot_img

POPULAR

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img