Wed, 4 February
0.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

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

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of 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.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img