Payment card transactions in Armenia grow 8.6% to AMD 108.6 billion

YEREVAN, May 7. /ARKA/. Some 2,308,083 transactions totaling AMD 108.6 billion were made in Armenia by using payment cards issued by Armenian and foreign banks in March 2015, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin.

The amount grew 8.6%, compared with the previous month, and the number of transactions grew 9.1%.
The amount of Internet transactions carried out by using payment cards issued in Armenia and abroad grew 8.9% to AMD 3.8 billion and their number rose 9.8% to 179,445.

Some 1,820,959 transactions totaling AMD 82.7 billion were made through ATMs in March 2015 – 8.1% growth and 7.9% growth respectively.

According to the central bank’s report, 307,679 transactions totaling about AMD 22.1 billion were made via POS terminals and imprinters – 14.6% growth and 11.1% growth respectively. ($1 – AMD 480.96). –0–

spot_img

POPULAR

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

LATEST NEWS

spot_imgspot_imgspot_img