Tue, 4 November
12.1 C
Yerevan
USD: 382.55 RUB: 4.73 EUR: 440.47 GEL: 141.19 GBP: 502.25

Money transfer fees reduced between Anelik bank and Anelik RU Moscow

YEREVAN, July 4./ARKA/. New affordable tariffs are now introduced for transferring money from Armenia-based Anelik Bank’s head office and 12 branches to Anelik RU OSJC in Moscow, the bank reported Thursday.

In accordance with the reached agreement, SUPER money transfers starting from $3,000, 1,000 euros and 90, 000 rubles will be processed at 0.5-0.7-percent fees, based upon the amount, instead of the previous 0.7-0.9%.

“This competitive tariff, I believe, will increase competitiveness of Anelik money transfer system and enhance its position at the market,” said Arman Shushyan, chief of international affairs and correspondent accounts division at Anelik Bank. 0,7-0,9%.

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

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img