Fri, 6 February
-4.9 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

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

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

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.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

LATEST NEWS

spot_imgspot_imgspot_img