Fri, 28 February
1.1 C
Yerevan
USD: 393.26 RUB: 4.53 EUR: 412.22 GEL: 139.95 GBP: 498.65
spot_img

Sofia Machkalyan

A visitor to armbanks.am website would like to know whether a citizen ofRussiacan use VISA or MasterCard  international plastic cards ofRussia’s Sberbank to withdraw cash from the ATMs of Armenian banks and what is the size of commission for the transaction?

We asked Sofia Machkalyan, head of retail business development department of VTB Bank (Armenia), to answer this question. Here is what she said. 

“A citizen ofRussiacan use his /her VISA or MasterCard international plastic cards issued byRussia’s Sberbank to withdraw cash from the ATMs of Armenian banks. The commission size is determined by the card issuing bank. Armenian banks will not charge additional commission for the  transaction.”

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img