Areximbank – Gazprombank group to effect money transfers via Ukrainian Avers

YEREVAN, January 22. /ARKA/. Areximbank- Gazprombank Group started effecting money transfers via Ukrainian Avers, the bank’s press service reported.

Avers enables individuals making instantaneous money transfers to over 90,000 service points in 90 countries, including Belgium, Spain, Poland, Sweden, Romania, Canada, Great Britain, Russian Federation, Kazakhstan. Transfers are made with no need for an account US dollars, euros and Russian rubles.

Areximbank- Gazprombank Group carries out money transfers via international money transfer systems, particularly via “MONEYGRAM”,”ANELIK”, “BISTRAYA POCHTA”, “UNISTREAM” and “Gazprom-Express” transfers from Russia to Armenia without opening an account.

According to the report, amount of transfers from individuals via various payment systems grew considerably over 2012 – by almost 42% to $16,634,878, as compared to $11,736,063 in 2011.
Total number of transfers grew from 28,235 to 38,429 over 10 months of 2012.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. Since 2007 the bank has been a daughter company of the Russian Gazprombank. The bank was granted ISO 9001:2008 international certificate of compliance. It has 16 branch offices, 9 of them in 9 regions of Armenia and 7 in Yerevan. ($1=407.13drams).–0–

spot_img

POPULAR

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

LATEST NEWS

spot_imgspot_imgspot_img