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

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

Nearly $2 billion in new biodiversity funding announced at COP17 in Yerevan — UN

At the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), which concluded in Yerevan, nearly $2 billion in new funding for biodiversity conservation was announced, according to a final press release from the Convention Secretariat published on October 31.

IDBank has issued perpetual coupon bonds for the first time

On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

LATEST NEWS

spot_imgspot_imgspot_img