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Daily Archives: Oct 3, 2017

Private money transfers to Armenia grew by 19% in August 2017 to more than $174.5 million

Private money transfers sent to Armenia in 2017 August grew by 19% when compared to 2016 August, to more than $174.5 million, the Central Bank of Armenia said in a statement

Armenian payment system changes its logo

The Armenian payment system ArCa (Armenian Card) has changed its logo. The system said the changes were prompted by its achievements, reflected in the recognizable logo

Overdue loans of Armenian commercial banks grew by 17.1% to 39.4 billion drams

The overdue loans of Armenian commercial banks grew by 17.1% to 39.4 billion drams as of August 2017 as compared with the previous month, according to the National Statistical Service (NSS).

ACBA-CREDIT AGRICOLE BANK issues ArCa-MIR new chip card

ACBA-CREDIT AGRICOLE BANK, one of the first partners of Russia’s payment system MIR, has issued ArCa-MIR new chip card, the press office of the bank reports