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

Unibank will not increase fixed-adjustable interest rates on loans secured by real estate

Unibank has decided to keep unchanged the fixed-adjustable interest rates on consumer and mortgage loans secured by real estate, which were scheduled to increase starting from May 2026.

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

LATEST NEWS

spot_imgspot_imgspot_img