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The amount withdrawn abroad by using plastic cards in February 2016 was equal to AMD 1.47 billion against AMD 1.5 billion withdrawn a month earlier (1.9% decline).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

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 11, 2026, decreased by 0.05 points compared to May 8, to 368.96 drams.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.

LATEST NEWS

spot_imgspot_imgspot_img