Fri, 15 August
31.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Areximbank-Gazprombank Group joins Unistream system

YEREVAN, May 25. /ARKA/. Areximbank- Gazprombank Group joined Unistream money transfer system between individuals without having banking accounts, the bank’s press service reported ARKA.

The system operates in transferring money between CIS states and some foreign countries. Transfers are made in USD, euros, and Russian rubles.

Areximbank-Gazprombank Group already manages remittances via “BISTRAYA POCHTA,” “MIGOM,” “CONSTACT,” “MONEYGRAM” and “BLIZKO.”

According to the source, the bank launched money transfers “Gazprombank-Express” from Russia to Armenia, and in the nearest future it intends to join ANELIK system.

“Moreover, we are negotiating with another money transfer system, that has 50% share in Russian and CIS market,” the press release says.

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. -0

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

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

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

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

LATEST NEWS

spot_imgspot_imgspot_img