Wed, 4 February
1.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Anelik bank abolishes commissions for money transfers

YEREVAN, November 8. / ARKA /. Armenia-based Anelik Bank said today it has abolished commissions for money transfers. It said holders of its VISA ANELIK Classic banking cards will be able to send remittances in hard currencies to their families and loved ones in the CIS countries, the Baltic states and Georgia.

This new instrument is available also on the Internet, making money transfers by use of VISA ANELIK card from anywhere in the world.

“I am sure that our country fellows will take advantage of this new instrument to make transfers via the Internet from anywhere, anytime, and without having to visit a bank and most importantly, totally free,” Nerses Karamanukyan, the bank’s CEO, was quoted as saying in a press release.
According to him, this unprecedented offer was made possible thanks to close cooperation between Anelik bank and its partner Anelik RU.

Anelik Bank was created in 1990. It is now fully owned by Lebanese CreditBank SAL. -0-

spot_img

POPULAR

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img