Wed, 14 January
-0.9 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Number of payment cards issued by Areximbank-Gazprombank Group grew by 34.20% over 2012

YEREVAN, February 14. /ARKA/. Number of payment cards issued by Areximbank-Gazprombank Group closed joint stock company totaled 19,967, including 10,531 VISA cards, 6,734 MasterCards and 2,702 ArCa cards, as of the end of 2012.

It is an increase of 34.20% compared to the same period of 2011. Number of active cards was 32,678 by the end of December 2012, including 18,372 VISA cards, 12,911 MasterCards and 1,395 ArCa cards, the bank’s press service reported. Number of “salary” projects run by the bank was 143, according to the report.

The bank is planning to increase the number of cards up to 40,000, the card turnover up to 70,000 mln drams and number of “salary” projects to 157.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. The bank is fully owned by Russian Gazprombank.

In 2010, AB Certification (France) Audit Company granted ISO 9001:2008 international certificate of compliance to the bank. In 2012, the bank received ISO 27001: 2005 certificate of compliance from Certification International United Kingdom. The bank has 16 branches throughout the country. –0–

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img