Tue, 29 April
13.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Armenian and foreign bank-issued plastic cards were used in October to make 2.5 billion drams worth internet-based transactions

YEREVAN, December 11. / ARKA /. Armenian and foreign bank-issued payment cards were used in October by Armenian cardholders to make 2.5 billion drams worth Internet-based transactions, an increase of 11 percent compared to September, the Central Bank said in its October bulletin.

According to the regulator, the total number of Internet-based transactions increased by almost 4 percent from September to 113,224.

The total amount of  transactions made by using payment cards in Armenia grew by almost 9 percent to 103.3 billion drams, while the number of transactions rose by 5.8 percent to  1,844,571.

The total amount of transactions made by using Armenian and foreign bank-issued cards through ATMs amounted to 1.3 billion drams (up 9.2%) in late October, while the total number of transactions grew to 1,529,786.

The amount of transactions made via POS- terminals and imprinters upped 7.5 percent to 19.6 billion drams, while the overall number of such transactions grew to 201,561 . ($ 1 – 405.51 drams). -0-

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

Armenian Banks Contribute AMD 28.3 Billion in Taxes During Q1 2025

In the first quarter of 2025, all 18 commercial banks in Armenia ranked among the top 1,000 taxpayers, collectively contributing AMD 28.3 billion in taxes and duties, as reported by the State Revenue Committee.

Armenia’s international reserves rose to $3.9 billion in March, providing 2.9 months of import coverage – WB

Armenia's international reserves increased to $3.9 billion in March 2025, offering 2.9 months of import coverage, according to the World Bank's Monthly Economic Update for April 2025.

LATEST NEWS

spot_imgspot_imgspot_img