Mon, 3 November
5.1 C
Yerevan
USD: 382.65 RUB: 4.73 EUR: 442.76 GEL: 141.15 GBP: 502.42

Transactions by Armenian and foreign banks payment cards drop by 3.6 percent in 2015 April

YEREVAN, June 22. /ARKA/. The amount of transactions made by using  payment cards issued by Armenian and foreign banks in 2015 April across Armenia decreased by 3.6% from March to about 108.4 billion drams, according to the monthly bulletin of the Central Bank of Armenia for April 2016. The total number of transactions fell by almost 4% to 2,388,406.

According to the Central Bank, the same cards were used to make 5 billion drams worth online transactions, a 3% decline from 2016 March, while their total number dropped by 2.5% to 257,672.

The volume of transactions made by these cards via ATMs at the end of April 2016 stood at 83 billion drams, a decline of 4.1% from March, while their total number fell by 4.2% to 1,806,442.

According to Central Bank data, the volume of transactions made by these cards via  POS-terminals and imprinters in April fell by 1.7% from March to about 20.3 billion drams, while the total number of such transactions grew by 3.3% to 324,294 ($ 1 – 476.38 drams). -0-

spot_img

POPULAR

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img