AREXIMBANK- GAZPROMBANK GROUP BANK circulates 545,302,000 drams at its service points in first quarter this year

YEREVAN, April 27. /ARKA/. Monetary circulation at Areximbank- Gazprombank Group Bank’s service points climbed by 26% to 545, 302,000 drams in the first quarter of this year from the same period a year earlier, the bank’s press service reports ARKA.

According to the source, the bank’s cardholders circulated  397, 609,000 drams at the service points of other banks, that is 17 %  higher from the same period last year.
“The bank’s cash terminals circulated 7 464 million drams, 2 208 million of which – by POS terminals, and 5 256 million drams – by ATMs,” the press  release says.
The bank issued 4,815 plastic cards in the first quarter of 2012; of them 3,285 are VISA cards, 981- MasterCard and 549- ArCa, the press release says.

The press release also says that the number of servie points of the bank is advancing as well. Fore example, as of March 31, 2012, there are 58 ATMs, 39 cash points and 218 POS terminals.
Areximbank- Gazprombank Group expects to increase total number of ATMs  by 25 to 83 and POS-terminals – by 100 to 300.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. Russian Gazprombank OJSC holds 100% stock of the bank. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. ($1 – 392.49 drams).—0—

spot_img

POPULAR

Unibank Call Center Now Available 24/7 on Weekdays

Unibank has extended the call center's operating hours, making customer support even more accessible.

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.9 points on September 15, 2026, compared to September 14, to 364.18 drams.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

LATEST NEWS

spot_imgspot_imgspot_img