Thu, 19 February
10.1 C
Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

Payments cards were used in October to make 117.4 billion drams worth transactions

YEREVAN, December 26. /ARKA/. Payments cards issued by Armenian and foreign banks were used to make 117.4 billion drams worth transactions in 2016 October in the territory of Armenia. The figure was up 4.4% as opposed to the amount of transactions made in September, according to the monthly bulletin of the Central Bank of Armenia for October 2016. The number of transactions was up by 4.8% reaching 2,589, 472.

According to the Central Bank, the same payments cards were used in 2016 October to make 8.1 billion drams worth Internet transactions, an increase of about 10.6% over the previous month, while the total number of Internet transactions made by these cards grew by 14.2% to 356,930.

The same payments cards were used also to make 88 billion drams worth transactions via ATMs, while the total number of transactions grew by almost 3% to 1,851,919.

According to Central Bank data, the volume of transactions made by using these cards via POS-terminals and imprinters in October 2016 amounted to about 21.3 billion drams, a growth of about 0.8% from September, while the total number of transactions rose by 6.4% to 380,623. ($ 1 – 482.14 drams). -0-

spot_img

POPULAR

Armenia proposes clarifying the procedure for compensating social expenses

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img