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

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img