Sat, 1 February
-7.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenian Bank plastic card transactions abroad dropped by 9.5% to 4.5 bln drams in May

YEREVAN, July 24. /ARKA/. Total volume of transactions abroad via all plastic cards issued by Armenian commercial banks amounted to 4.5 billion drams in May, a reduction of 9.5% over the month, reads the monthly bulletin of the Armenia’s Central Bank for May 2013.

Number of transactions was 84,820 (3.2% reduction).

Non-cash card transactions amounted 3 billion drams over the period (6.7% reduction.

Encashment through plastic cards amounted to 1.4 billion drams (15% reduction).

There are currently 21 commercial banks operating in the territory of Armenia. Of them, 19 are members of ArCa united payment system. ($1=409.97drams). –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img