Wed, 5 March
1.1 C
Yerevan
USD: 393.86 RUB: 4.41 EUR: 413.95 GEL: 141.17 GBP: 501.07
spot_img

Areximbank-Gazprombank Group issues 5 476 payment cards, up by 77.7% in 2nd Q

YEREVAN, July 19. /ARKA/. Areximbank-Gazprombank Group said it had issued  5, 476 payment cards in the second quarter of this year, 77.7% higher from the same quarter a year earlier. Of them VISA cards- 1 803, MasterCard- 1,915, ArCa- 1,758.

The circulation of cards’ money  in the bank’s trading points was 819 071 thousand drams, up by 14.35 % from the second quarter of 2011.

The circulation in trading points of other banks was 447 235 thousand drams, climb by 17.05 % within the reported period.

The circulation in the cash points of the bank was 9 373 million drams, of them 2 884 million drams – via POS-terminals and 6 489 million drams- via ATMs. The growth was 20.55% in the second quarter of this year from the same quarter a year earlier.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. It operates monetary transfers via MoneyGram, Contact, Migom, Bystraya Pochta, Blizko and Unistream, as well as transfers without opening a bank account via Gazprom-Express from Russia to Armenia. —0–

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

Euro exchange rate rises by 0.91 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 26, 2025, amounted to 393.51 drams, down 0.04 points compared to February 25.

LATEST NEWS

spot_imgspot_imgspot_img