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

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img