Sun, 28 September
13.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

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

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img