Tue, 24 February
9.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

“Anelik” money transfer fees are reduced

YEREVAN, July 1./ARKA/. Money transfers via “Anelik” system will be processed at very affordable fees now, Anelik Bank reported Monday.

From July 1, SUPER money transfers starting from $3,000, 1,000 euros  and 90, 000 rubles will be processed at 0.7-0.9-percent fees, based upon the amount.

The fee for transferring up to 90,000 rubles to the CIS, Latvia, Estonia, Lithuania and Georgia will be 1.3%; up to $3,000 and 1,000 euros -1.8%.

The fees for transferring money far abroad will be 3%.

Anelik Bank was established on July 9, 1990 and registered on October 1, 1991.In October 1996, the bank got its license from the Central Bank of Armenia.Lebanese CreditBank holds 89.95% of Anelik Bank’s shares, and the remaining 10.05% belong to Samvel Chzmachyan, the chairman of the bank’s board.

In 1997, the bank opened its own Anelik system. People in over 90 countries can use it to transfer and receive money. —0-

spot_img

POPULAR

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img