Transactions totaling AMD 6.8 billion made abroad by using Armenian banks’ plastic cards

YEREVAN, September 9. /ARKA/. Some 132,700 transactions were made by using Armenian commercial banks’ plastic cards outside of the country in July 2014 (about 12.9% month-on-month growth), the Central Bank of Armenia says in a fresh issue of its monthly bulletin.

These transactions totaled AMD 6.8 billion – a 17.3% month-on-month growth.

Non-cash transactions amounted to over AMD 4.9 billion – 27% more than in June 2014.

According to the report, AMD 1.87 billion was withdrawn in July 2014 abroad by using Armenian banks’ plastic cards – 2.4% less than in June 2014.

Twenty one commercial banks operating in Armenia’s territory provided and served plastic cards in late July 2014. Of them, 19 are participants of ArCa payment system. ($1 – AMD 409.69). –0–

spot_img

POPULAR

Armenia’s banking system is capitalized significantly above regulatory requirement: Central Bank Governor

Armenia's banking system is adequately capitalized and has sufficient liquidity buffers, stated Central Bank Governor Martin Galstyan.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

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.

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.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

LATEST NEWS

spot_imgspot_imgspot_img