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

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

The week in the Armenian financial market was marked by a combination of fiscal clarifications, regulatory changes, and institutional decisions.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img