Anelik bank joins Bystraya Pochta remittance system

YEREVAN, November 26, / ARKA /. Armenia-based Anelik Bank said it has joined November 26 Bystraya Pochta (Express Mail) money transfer system.

“As one of the leading payment and settlement systems in the CIS, Bystraya Pochta money transfer system will provide our customers with another opportunity to more quickly receive and send money (Russian rubles, US Dollars and euros) from and to CIS countries,” Arman Shushanyan, head of a bank division in charge of correspondent relations was quoted as saying in a press release.

He says that thanks to competitive rates offered by this system Anelik Bank will be able to attract new customers and further strengthen its position in the market of money transfers.

According to the press release, the commission for remittances, depending on the amount is from 0.4% -1.4% of the amount.

“We hope that our customers will be satisfied with this new remittance system and will more frequently receive and send money to their loved ones in different CIS countries”, Shushanyan said.
Anelik Bank established in 1990 is owned by Lebanese CreditBank (89.95%), and its CEO Samvel Chzmachyan (10.05%). -0-

spot_img

POPULAR

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

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.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

LATEST NEWS

spot_imgspot_imgspot_img