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According to the report, cash equal to AMD 1.8 billion was withdrawn outside of the country by using Armenian banks’ cards against AMD 1.7 billion in September (2.8% month-on-month growth).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

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img