AMD 1 595.7 billion transferred in February 2016 by using non-cash instruments of Armenia’s commercial banks

YEREVAN, April 15. /ARKA/. The Central Bank of Armenia says in a fresh issue of its monthly bulletin that AMD 1 595.7 billion was transferred in February 2016 by using non-cash instruments of Armenia’s commercial banks.

According to the report, this is 18.5% less than the amount of the same period a year before.

As many as 2,083,942 money transfer transactions were carried out in February 2016 – 24.4% year-on-year increase.

Remittances on payment obligations amounted to AMD 1 577 billion, on electronic payment obligations AMD 1 424.4 billion, ob checks AMD 275 million and cashless card operations AMD 1.3 billion. No other debit remittances were carried out.

Transactions made in Armenia by using plastic cards totaled AMD 106.8 billion in February showing a 7.6% year-on-year growth, and the number of transactions was 2,363,145 (12.2% growth).

The number of plastic cards in use was 1,739,122 in February 2016 (8.9% growth). ($1 – AMD 483.03). –0—

spot_img

POPULAR

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

Euro fell 2.02 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on March 26, 2026, fell 0.18 points compared to March 26, to 377.18 drams.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img