Tue, 13 January
0.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

E-commerce turnover of Areximbank – Gazprombank Group totalled around 50 mln drams in 4 months

YEREVAN, May 15. /ARKA/. E-commerce turnover of Areximbank – Gazprombank Group amounted to 49,975,204 drams in the first four months of 2013, deputy general manager of the company Ruben Khachatryan said.

“We have been the first bank in Armenia to accept e-payments through VISA card. Since the beginning of 2013 the number of online shops has considerably increased, so did the electronic turnover”, Khachatryan said.

Total turnover amounted to 63,074,444 from September 2012 to late April 2013. Turnover from 01.09.12 to 31.12.12 only was 13,099,240 drams, according to the report.

Khachatryan also said that an average of two new sales points is connected to the service by the bank every month.

“This makes us hope our country is ready to turn to a new trade level”, he said.

According to Khachatryan, Armenian market has great potential for electronic commerce as rapid development of the Internet across the country over the last four years has lead to increase in Internet users.

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.–0–

spot_img

POPULAR

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

LATEST NEWS

spot_imgspot_imgspot_img