Banks’ cards used outside country to make 8 billion drams worth transactions in July

YEREVAN, September 10. / ARKA /. Plastic cards issued by Armenian commercial banks were used outside the country to make about 8 billion drams worth transactions in 2015 July, an almost 30% rise from the previous month, according to Central Bank’s bulletin. The number of transactions grew by 12.3 percent to 157,700.

The amount of non-cash transactions made by using cards in July rose by 20.7% from June to about 6.4 billion drams.

The plastic cards were used abroad also to withdraw the equivalent of 1.6 billion drams, 13.2 percent rise from June.

All 21 Armenian based commercial banks issue and service various payment cards. Nineteen of them are members of the unified local payment system ArCa ($ 1 – 417.13 drams). ($1 – 485.55 drams). –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Central Bank of Armenia will issue a commemorative silver coin for the COP17 conference

On October 5, Armenia will issue a commemorative silver coin titled "COP17," dedicated to the 17th Conference of the Parties to the UN Convention on Biological Diversity, the Central Bank of Armenia’s press service reports.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

LATEST NEWS

spot_imgspot_imgspot_img