Transactions totaling AMD 6.4 billion made abroad in June by using Armenian banks’ Plastic Cards

YEREVAN, August 20. /ARKA/. Some 140,400 transactions totaling AMD 6.4 billion were made outside Armenia in June 2015 by using all the types of plastic cards issued by Armenian banks – 2.9% month-on-month decline and 5.8% growth respectively, the Central Bank of Armenia reports in the latest issue of its monthly bulletin.

Non-cash transactions carried out by using the cards amounted to AMD 5 billion in June 2015 showing a 8.5% month-on month increase.

Cash withdrawals outside of Armenia totaled AMD 1.4 billion in June 2015 against AMD 1.5 billion in May 2015 – 2.8% decrease.

All the 21 commercial banks in Armenia’s territory provided and serviced plastic cards to clients as of late June, and 19 of them participate in ArCa payment system. ($1 – AMD 477.29). —-0—

spot_img

POPULAR

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img