Armenian banks’ cards used outside country to make 6 billion drams worth transactions

YEREVAN, May 26. /ARKA/. The total amount of transactions made outside of Armenia in 2016 March by using Armenian commercial banks’ plastic cards grew by 3.3% from the previous month to 6 billion, according to the latest issue of the Central Bank’s monthly bulletin for March. Their number grew by 3.5% to 173,700, it said.

The amount of cashless transactions made by using plastic cards in 2016 March rose by 3.5% over the previous month to 4.5 billion drams.

The central bank says also the cash withdrawn by using plastic cards abroad totaled the equivalent of 1.52 billion drams, a 2.8% growth over February.

Twenty commercial banks in Armenia issue and service  plastic cards, and 18 of them are members of the national ArCa payment system. (US$1 – 477.78 drams).–0–

spot_img

POPULAR

Market capitalization in October amounted to 380.4 billion drams – Armenia Securities Exchange

Equity market capitalization in October 2026 amounted to approximately 380.4 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Capital of Armenian Credit Organizations Grows by 4.35% to 474.09 Billion Drams Over 9 Months

As of September 30, 2026, the aggregate capital of credit organizations in Armenia reached 474.09 billion drams, marking an increase of 1.49% for the third quarter and 4.35% since the beginning of the year.

acbaSplit: Acba Bank launches a new payment service

Acba Bank has launched "acbaSplit," a service that allows customers to make purchases of up to 5 million Armenian drams (AMD) with the option to pay in installments.

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img