Sat, 21 February
10.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Transactions worth AMD 7.5 bln made abroad by using Armenian banks’ cards in October

YEREVAN, December 17. /ARKA/. About 187,000 transactions were made by using Armenian commercial banks’ plastic cards outside the country in October 2014 (about 1.6% month-on-month growth), the Central Bank of Armenia says in a fresh issue of its monthly bulletin.

Total amount of these transactions was about AMD 7.5 billion – a 5.7% month-on-month growth.

Non-cash transactions amounted to around AMD 5.6 billion – 4.2% more than in September 2014.

According to the report, AMD 1.9 billion was withdrawn abroad in October by using Armenian banks’ plastic cards – 5.4% less than in September (AMD2.04bln).

Twenty one commercial banks operating in Armenia’s territory provided and served plastic cards in late October 2014. Of them, 19 are participants of ArCa payment system. ($1 – AMD 490.34). –0–

spot_img

POPULAR

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img