Tue, 13 May
12.5 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
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

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

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

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img