Sat, 9 August
35.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Araratbank offers instant money transfers via Unistream system

YEREVAN, May 27. /ARKA/. Armenia-based Araratbank said today it has joined the Unistream system of money remittances, which can be made also online by visiting its official website. ‘Instant money transfers can be made to any direction within the broad geography of the system,’ the bank said in a press release.

Money transfers made online are immediately available in the recipient country, the bank said.
Сommission charges for bi-currency money transfers (when the remitted  money is Russian rubles, while  the payment currency is different) is 1.7%. Commission charges for money transfers in Russian rubles is 3%. The minimum transfer amount is 50 rubles; the maximum is 75,000 Russian rubles.

To make online money transfers via  Unistream system one needs to visit  the section called “Online Services” on the official website or click the link “Unistream Money Transfers” located next to the logo of Unistream system in “Instant International Money Transfers” sub-section .

Araratbank founded in 1991 is owned by Flash company ( 64.25%),  EBRR (25%) and  RURAL IMPULSE FUND II SA SICAV SIF (10%).
Araratbank joined NASDAQ OMX Armenia in 2009 January.-0-

spot_img

POPULAR

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

Loan portfolio of Armenian banks in first half of 2025 amounts 7.1 trillion drams -UBA

The loan portfolio of the 17 Armenia-based commercial banks increased to 7.1 trillion drams in the first half of 2025, up from 6.4 trillion drams in the same period of 2024, according to Daniel Azatyan, the head of the Union of Banks of Armenia (UBA).

LATEST NEWS

spot_imgspot_imgspot_img