Cash turnover at Areximbank – Gazprombank Group’s outlets grows 37% to AMD 1.8 billion in 1st h 2013

YEREVAN, September 5. /ARKA/. Cash turnover at Areximbank – Gazprombank Group’s outlets totaled AMD 1.8 billion in Jan-June 2013 – 37% year-on-year growth, the bank’s press office reported today.

Over the first half of this year the bank has issued 7,698 plastic cards, of which 3,787 VISA, 3,903 Master Card and 8 ArCa cards.

There were 31,230 active cards, of which 20,750 VISA, 9,105 MasterCard and 1,375 ArCa cards.
The number of the bank’s wage projects was 150 in Jan-June 2013.

Areximbank – Gazprombank Group plans to build up the number of cards to 40,000 and the number of wage projects to 157.

Areximbank-Gazprombank Group (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia.

In 2007, it became a subsidiary of Russia’s biggest bank, Gazprombank.

The bank has been certified to meet the requirements of ISO 9001: 2008.

Areximbank-Gazprombank Group has 16 branches – nine in provinces and seven in the capital city. ($1 – AMD 410.39). —0—

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

LATEST NEWS

spot_imgspot_imgspot_img