Tue, 9 September
23.1 C
Yerevan
USD: 382.77 RUB: 4.70 EUR: 447.46 GEL: 142.16 GBP: 515.90

Armenian banks-issued cards used outside the country to make around 5 billion drams worth transactions in February

YEREVAN, April 28, /ARKA/. Armenian banks-issued payment cards were used outside the country to make around 5 billion drams worth transactions in February, a decline of 21 percent from the previous month, the Central Bank of Armenia said in its monthly bulletin for the second month of the year.

The number of transactions grew by 4.3 percent to 110,800, it said.

The amount of non-cash transactions plunged by 33 percent to 3.2 billion drams. The cards were used also to withdraw outside the country an equivalent of 1.8 billion drams, an almost 16 percent rise from January 2014.

Twenty-one Armenia-based banks issue and service all types of banking cards; 19 of them are members of the single national payment system ArCa. ($1 – 413.01 drams.). -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

ACBA Federation promotes rural tourism in Armenia: the success story of Manana guest house (video)

Four years prior, Astghik Ghazaryan, a professional educator, established the Manana guest house in her hometown of Marmarik.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img