Tue, 24 February
5.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Transactions made abroad by using Armenian banks’ plastic cards reduced 20.7% to AMD 5.8 billion in February

YEREVAN, April 13. /ARKA/. Transactions carried out abroad in February by using all the types of the plastic cards issued by Armenia’s commercial banks amounted to AMD 5.8 billion showing a 20.7% month-on-month decline, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin.

The number of transactions reduced 0.3% to 167,800.

Non-cash transactions carried out over the same month totaled about AMD 4.3 billion showing a 25.6% month-on-month decline.

The amount withdrawn abroad by using plastic cards in February 2016 was equal to AMD 1.47 billion against AMD 1.5 billion withdrawn a month earlier (1.9% decline).

As of late February, plastic cards were issued and serviced by 21 commercial banks operating in Armenia’s territory, of which 19 are participants of ArCa single national payment system. ($1 – AMD 483.79). –0—–

spot_img

POPULAR

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

LATEST NEWS

spot_imgspot_imgspot_img