Areximbank-Gazprombank Group almost halves HABIB BANK LTD cheque cost

YEREVAN, November 29. /ARKA/. Areximbank-Gazprombank Group has almost halved the tariff for cheques issued by Habib Bank LTD (Uinted Arab Emirates) from December 1 2013 till January 31 2014, the bank’s press office reported.

One cheque costs now 4,000 drams, as compared to 7,000 drams before.
Everyone leaving for the UAE can purchase cheques in AED in Areximbank-Gazprombank Group.

Cheque maximum amount is 40,000 AED (1 USD is 3.66 AED). Maximum amount of cheques issued in the name of a person is the equivalent of 50,000 USD. Cheque holders may cash the amount in any of HABIB BANK LTD branch, with no extra commission fee required.

Areximbank-Gazprombank Group is offering its clients also bank cheques in USD issued by Deutsche Bank Trust Company Americas, says the report.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. Since 2007 the bank has been a daughter company of the Russian Gazprombank. The bank was granted ISO 9001:2008 international certificate of compliance. It has 16 branch offices, 9 of them in 9 regions of Armenia and 7 in Yerevan. ($1=403.92drams). –0–

spot_img

POPULAR

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

Euro fell 2.02 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on March 26, 2026, fell 0.18 points compared to March 26, to 377.18 drams.

LATEST NEWS

spot_imgspot_imgspot_img