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

Central Bank of Armenia continued its rate hike amid prevailing inflation risks – Galstyan

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

Central Bank of Armenia has tightened liquidity requirements for banks, taking into account the risk of large outflows of funds – Galstyan

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Euro and dollar rose against the Armenian dram, while the ruble weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.36 points on November 2, 2026, compared to October 30, 2026, to 360.6 drams.

LATEST NEWS

spot_imgspot_imgspot_img