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

Euro, dollar, and ruble exchange rates against the Armenian dram continue to decline: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 30, 2026, fell by 0.17 points compared to June 29, to 367.89 drams.

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

LATEST NEWS

spot_imgspot_imgspot_img