Tue, 1 July
25.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

Areximbank – Gazprombank Group offers INTELEXPRESS transfers at zero percent commission

YEREVAN, December 19. /ARKA/. Areximbank – Gazprombank Group and INTELEXPRESS international money transfer system have made “0% commission money transfers” offer, the bank’s press office reported.

Until March 2, 2015, the bank’s clients can transfer money to Great Britain through INTELEXPRESS at zero % commission.

The offer is made to meet growing demand for financial services among the population, says the report. The recipient is not paying a commission fee and receives the money immediately after the transfer, the report says.

Areximbank – Gazprombank Group offers remittances also through Avers, Anelik, Unistream, MoneyGram, RIAMoneyTransfer, Converse Transfer and Sigue Money Transfer at competitive prices, for a wide variety of countries.

Areximbank – Gazprombank Group was founded in 1998. The Bank is a 100 percent subsidiary of the Russian bank Gazprombank.

The bank’s assets as of October 1, 2014 stood at 130 billion drams, the liabilities – at 109.6 billion drams, credit investments – at about 75 billion drams and its capital was worth 20.4 billion drams. ($1 – 497 drams). –0–

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img