Sat, 1 February
-4.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

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

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img