Russia’s Medvedev instructs to get banks connected to state payment system by November 6

YEREVAN, August 9. /ARKA/. Russian premier Dmitry Medvedev instructed the central bank, the country’s ministry of finance and the treasury to ensure all Russian banks are connected to the state information system of state and municipal payments before November 6, 2013, the government press office reported.

The cabinet also recommended using supervision measures toward banks if required, RIA Novosti reports.

In late May dozens of law-obeying citizens found themselves in the list of nonpayers of penalties against traffic rule breaches. As a result, number of application doubled at the traffic police website. The incident was caused by failure of the payment and information system – data about transfers did not reach the federal treasury and the traffic police.

Wednesday the central bank recommended its branch offices ensuring proper delivery of the respective information about payments by the banks.–0–

spot_img

POPULAR

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

Armenia and Georgia aim for instant payments and unified QR codes: new steps in fintech integration

Armenia and Georgia are exploring deeper cooperation in financial technology, including synchronizing instant payment systems, simplifying bank account opening, and implementing unified QR codes, announced by Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Development Department at the National Bank of Georgia.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img