October card transactions see 15.3% increase in Armenia

YEREVAN, December 17. /ARKA/. Total volume of all card transactions in Armenia amounted to about 124.7 billion drams in October, an increase of 15.3% compared to the month before, says the Central Bank of Armenia monthly information bulletin for October.

Number of card transactions in the period totaled 2,197,720 (3.4% increase over the month).

Card transactions processed through the Internet amounted to a total of 1.9 billion drams as of the end of October (about 10.6% increase). A total of 140,670 such transactions were carried out in the period (4.1% increase).

Card transactions through ATMs amounted to a total of 87.3 billion drams as of the end of October (4.3% increase); the number of the transactions was 1,799,772 (3.5% increase).

Card transactions via POS terminals and imprinters amounted to about 35.4 billion drams in the reporting month (56.5% increase); the total number of such transactions was 257,278 (approx. 2.6% increase). ($1=490.34 drams). –0–

spot_img

POPULAR

Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img