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

Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months

Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.

Armenia’s commercial banks contributed 149.22 billion drams to the state budget in the first nine months of 2026

All 17 commercial banks currently operating in Armenia were included in the list of the country’s 1,000 largest taxpayers for the first nine months of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

LATEST NEWS

spot_imgspot_imgspot_img