Cashless transfers totaling AMD 3 trillion operated by Armenian banks in July

YEREVAN, September 11. /ARKA/. Armenia’s commercial banks operated cashless transfers totaling AMD 3067.6 billion in July – 4.2% growth, compared with June, the Central Bank of Armenia reports in its monthly bulletin.

They have operated 1,555,331 non-cash transactions over July – 11.7% month-on-month growth.
Transfers on paper payment obligations totaled AMD 1877.6 billion in July, on electronic payment obligations AMD 1179.1 billion, transfers by checks AMD 1.79 billion and cashless transactions by plastic cards AMD 9.1 billion. No other debit transfers have been carried out.

Plastic card transactions totaling AMD 105.3 billion were carried out in July – 18.2% more than in June, and the number of deals was 1,894,746 (11%-percent growth).

The number of plastic cards issued by Armenia’s commercial banks was 1,504,155 in July – 1.4% month-on-month growth. —0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

LATEST NEWS

spot_imgspot_imgspot_img