Fri, 5 December
0.1 C
Yerevan
USD: 381.14 RUB: 4.94 EUR: 444.68 GEL: 141.15 GBP: 508.59

Areximbank – Gazprombank Group expects private money transfers through its network to increase 40% in 2013

YEREVAN, December 9. / ARKA /. The Russian-owned Areximbank – Gazprombank Group said today it expects private money transfers going through its network to increase 40% from the same time span in 2012.

The bank said in the third quarter of this year some 137.8 billion drams in private money transfers were remitted through its network, of them over 131 billion drams were sent to Armenia.

The amount of money transfers made by various international payment systems without account opening grew to over 28 billion drams as of December 1, 2013.  Of that amount 25.6 billion were remitted to Armenia.

Areximbank-Gazprombank Group offers money transfer via several systems like MONEYGRAM, ANELIK, Express Mail, UNISTREAM, AVERS, INTELEXPRESS, COINSTAR MONEY TRANSFER, RIA MONEY TRANSFER and some other systems.

Areximbank-Gazprombank Group is owned fully by Russian Gazprombank. It runs 16 branches in Armenia.  ($1- 406.94 drams) -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img