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

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

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.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Armenia and the French Development Agency Discuss New Areas of Cooperation

Armenia and the French Development Agency (AFD) are discussing future cooperation in the areas of irrigation infrastructure and agriculture, energy, solid waste management, and private sector development, the press service of the Armenian government reports.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

LATEST NEWS

spot_imgspot_imgspot_img