Thu, 3 April
15.1 C
Yerevan
USD: 391.16 RUB: 4.65 EUR: 422.18 GEL: 141.47 GBP: 505.97
spot_img

Cashless payments through Central Bank’s payment systems in fourth quarter of 2011 surged by 18.4%

YEREVAN, March 29. /ARKA/. The volume of cashless payments effected through Armenia’s Central Bank’s payment systems in the fourth quarter of 2011 surged by 18.4% or by 813 billion drams over the same period in 2010, amounting to 5.236 trillion drams, according to Central Bank data, provided to ARKA.

The number of payments made through these payment systems in the fourth quarter of 2011 was said to have risen to 1,212,218, an increase of almost 20% or 200,398 from a year earlier. According to the “Bulletin of the Central Bank of Armenia” for the fourth quarter of 2011, the volume of cashless payments through the payment systems increased by 12.4% or 578 billion drams over the third quarter of 2011.

The average daily volume of money transfers through the payment systems (excluding exchange activity) was about 80.6 billion drams, having increased in comparison with the fourth quarter of 2010 by 11 billion drams. The average daily number of transactions increased by 2,840 to 18,650.

In general, the volume of cashless payments in the fourth quarter of 2011 amounted to 6.368 trillion drams, and the number of non-cash transactions to 3,460,598. ($1 – 389.82 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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img