Armenian central bank to replace used banknotes to prevent spread of coronavirus

Economy
армянский драм
армянский драм

YEREVAN, March 13. /ARKA/. The Armenian central bank said on Thursday it would gradually replace used banknotes with new ones to try to prevent the spread of coronavirus and advised people to avoid making cash payments where possible.

In a post on its official Facebook page, the central bank also advised people to use online banking services in preference to cash where possible.

Armenia has recorded six cases of coronavirus so far, according to the health ministry. -0-

spot_img

POPULAR

Capital market

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).
Exchange market

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.
Banks

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.
Banks

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.
Banks

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Economist: Armenia’s preparation for possible fluctuations at forex market is at high level, but there are also vulnerable categories of people – exclusive interview
Economist: Armenia’s preparation for possible fluctuations at forex market is at high level, but there are also vulnerable categories of people – exclusive interview
Next article
New Armenian banknotes become winners at High Security Printing EMEA-2020
New Armenian banknotes become winners at High Security Printing EMEA-2020