Q1 money turnover at Areximbank-Gazprombank Group’s units up almost 46%

YEREVAN, April 13. /ARKA/. The money turnover at Areximbank-Gazprombank Group’s units accounted to 802 568  000 drams as of the first quarter of 2013, the bank reported to ARKA on Saturday.

It said the turnover rose by 45.55%, compared to the same period a year earlier.

Such progress occurred due to the new service –Internet- acquiring. It was first introduced in Armenia by Areximbank-Gazprombank Group which received an authorization from VISA to do so.
The turnover of money  made via Areximbank cards at the units of some other banks accounted to 485 888 000, a 21.97 percent increase from 1Q 2012.

Money turnover  at the cash points of Areximbank-Gazprombank Group stood at 9 277 million drams; of them 2 953 million –at POS –terminals, and 6 324 million –at ATMs. It is said to climb by 25.29% from the first quarter of 2012.

The bank issued 3692 plastic cards in 1Q 2013, of them 2691 are VISA cards, 996 –MasterCard, and 5 –ArCa.

As of March 31, 76 ATMs, 40 cash points, and 299 trade terminals were installed in the bank’s network. —0–

spot_img

POPULAR

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

LATEST NEWS

spot_imgspot_imgspot_img