Fri, 30 January
-3.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

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

Euro and dollar exchange rates fall against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on January 22, 2026, fell by 0.06 points compared to January 21, to 379.08 drams.

Ranking of the most profitable banks in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable commercial banks in Armenia for 2025.

Net loan portfolio of Armenian banks increased by 22.66% to 7.7 trillion drams in 2025

The loan portfolio of the Armenian banking system as of December 31, 2025, amounted to 7.7 trillion drams, an increase of 22.66% compared to the fourth quarter of 2024.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s banking sector experienced profit surge of 16% in 2025, reaching 421.3 billion drams

The net profit of Armenia's banking sector for the year 2025 stood at 421.3 billion drams, reflecting a 16.01% increase from 2024.

LATEST NEWS

spot_imgspot_imgspot_img