Tue, 12 August
22.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Upgraded ACBA ON-LINE service has new function

YEREVAN, August 25. / ARKA /. ACBA CREDIT AGRICOLE BANK said today one of its services- ACBA ON-LINE – has been upgraded to allow all the customers using this service to make money transfers from their card accounts.

ACBA ON-Line service enables customers to monitor their bank accounts, make regular money transfers, pay utility fees,  make also currency conversion operations, get deposit-secured consumer loans and credit lines, repay partially or fully loans, overdrafts and commercial credit lines, open and re-open current accounts,  top up their deposits and now make also money transfers from their card accounts.

The bank said Bank.mail money transfers in Armenian drams made by using ACBA ON-LINE service are free of charge. When using this service to make a deposit the commission charge is more than 0.1% of the current interest rate of the bank, it said. Using the service for reopening of an account is also free.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.

In 2014 the bank’s assets stood at 286.4 billion drams, while its liabilities were worth 237 billion drams. It also had 49.37 billion drams worth capital. ($ 1 – 486.43 Drams) -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Average settlement rate of dram to dollar in July was 1% lower than a year ago

In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

LATEST NEWS

spot_imgspot_imgspot_img