Transactions totaling AMD 6.1 billion operated abroad via Armenian banks’ plastic cards in October

YEREVAN, December 18. /ARKA/. Some 112,900 transactions totaling AMD 6.1 billion were operated outside of Armenia in October via all the types of plastic cards issued by the country’s banks, the press office of the Central bank of Armenia reports.

Cashless transactions carried out in October by using these cards totaled AMD 4.3 billion, 3.6% less than in the previous month.

According to the report, cash equal to AMD 1.8 billion was withdrawn outside of the country by using Armenian banks’ cards against AMD 1.7 billion in September (2.8% month-on-month growth).

All the 21 commercial banks of Armenia issue and serve plastic cards. Of them, 19 participate in ArCa national payment system. ($1 – AMD 407.34). -0—

spot_img

POPULAR

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

LATEST NEWS

spot_imgspot_imgspot_img