Areximbank – Gazprombank Group and Ria Money Transfers down their commission for money transfers to some countries

YEREVAN, July 1. /ARKA/. Areximbank – Gazprombank Group and Ria Money Transfers money transfer system have lowered their commission for money transfers to Russia, Kazakhstan, Ukraine, Georgia and Moldova by 50% as part of their joint offer, the press office of the bank reports.

It means that the commission will be equal to 1% of the transferred amount.

The offer is in force from July 1 to December 31, 2016.

Alexander Hakobyan, the head of the bank’s marketing and advertisement division, is quoted in the press release as saying that the bank gives additional opportunities to clients, since it has expanded the list of participant countries by including Russia and Kazakhstan in it.

Areximbank – Gazprombank Group operates international money transfers without opening accounts via MONEYGRAM, ANELIK, UNISTREAM, SIGUE MONEY TRANSFER, RIA MONEYTRANSFER, CONVERSE TRANSFER and BEST systems as well as nominal transfers without opening accounts from Russia to Armenia through GAZPROM-EXPRESS and instant transfers between Russia and Armenia via ATMs, providing two international cards attached to one card account.

Areximbank – Gazprombank Group CJSC was established in 1998. It is a subsidiary of Gazprom, Russia’s biggest bank. —0—

spot_img

POPULAR

In January, commercial bank deposits in Armenia decreased by 0.3%, while lending expanded by 1.1% – WB

In January 2026, commercial bank deposits in Armenia decreased by 0.3% (MoM), while loans grew by 1.1% (MoM), according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

LATEST NEWS

spot_imgspot_imgspot_img