Fri, 5 September
20.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Mobile payments through HSBCnet amount to $7.6 million in Armenia in Q1

YEREVAN, June 22. /ARKA/. HSBC Bank Armenia clients’ mobile payments through HSBCnet amounted to a total of $7.6 million in the first quarter of this year, the bank’s press office reported.

Since the day when HSBCnet mobile banking was launched at the end of 2014, payment transactions through the app exceeded $12 million indicating the growing interest of corporate clients toward the mobile banking service, says the report.

Number of subscribers for the service is four times as high as the respective average level around the world. In particular, 49% of subscribers use HSBCnet, while only 12% of the subscribers in the world take the advantage of online banking in the world.

HSBCnet app working on both iOS and Android grew very popular especially in Armenia, according to the report.

HSBC Bank Armenia CJSC, a member of HSBC Group, was registered on September 25, 1995. HSBC Europe BV holds 70% of the bank’s shares, and the remaining 30% belong to Wings Establishment. In January 2009, HSBC Bank Armenia became a member of NASDAQ OMX Armenia stock exchange. –0–

spot_img

POPULAR

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

Pashinyan discusses cooperation with Goldman Sachs President for Global Affairs

Armenian Prime Minister Nikol Pashinyan received  Friday Jared Cohen, President for Global Affairs at Goldman Sachs, one of the world's leading investment banks, the government press service reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

LATEST NEWS

spot_imgspot_imgspot_img