Total of 3 275.8 trillion drams remitted by all Armenia-based banks in October 2013

YEREVAN, December 13. / ARKA /. A total of 3 275.8 trillion drams were transferred by all Armenia-based banks by using their  non-cash instruments  in October 2013, an increase of 28% compared with the same period last year, according to a Central bank  monthly bulletin.

The regulator says also the total number of non-cash transfers increased by 18.6 percent to 1,673,986.

The amount of transfers made by paper payment obligations amounted to 2. 069.8 trillion drams, the amount of electronic payments rose to 1.193.3 trillion drams, that amount of transfers by checks to  2 billion drams  and  non-cash transactions by using cards rose to 10.6 billion drams.

The volume of transactions made by using plastic cards was said to have risen by 10.4 percent to 103.3 billion drams, while the number of transactions grew by 9.5 percent to 1,844,571.

As of the end of October there were 1,559,406 active cards, up 26.35 % from the year before. ($ 1 – 404.77 drams). -0-

spot_img

POPULAR

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

Aсba Bank and American platform Interactive Brokers sign agreement

Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers' services available in Armenia through Aсba Bank, the bank's press service reported.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

LATEST NEWS

spot_imgspot_imgspot_img