Transactions VIA Armenian cards abroad down 1.9% to AMD 4.9 bln in April

YEREVAN, June 13./ARKA/. The transactions made via Armenian banking cards abroad valued at 4.9 billion drams in April 2013, which was by 1.9% lower from a month earlier, the Central Bank of Armenia said in its monthly newsletter.

Total of 87,682 transactions have been processed within this period (9.8% downturn).

The non-cash transactions stood at 3.2 billion drams (0.6% downturn) within the reported period.
Cash withdrawals via Armenian cards abroad hit 1.7 billion drams (4.3% decrease).

There are 21 commercial banks in Armenia, 19 of which are members of ArCa. Single national payment system. ($1 – 410.83 drams). –0-

spot_img

POPULAR

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Armenian insurance company Prime Insurance Brokers has received Lloyd’s Broker accreditation

Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd's broker.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

LATEST NEWS

spot_imgspot_imgspot_img