Mon, 2 February
-1.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

Volume of transactions made by Armenian banks’ cards abroad almost doubled in first half of 2022

YEREVAN, August 26. /ARKA/. Banking cards issued by Armenia-based banks were used to make 6,139,854 transactions abroad in the first half of 2022, up 78.2% from the same time span of 2021, according to the Union of Banks of Armenia.

In terms of money, these transactions amounted to  158. 6 billion drams, an increase of 98.7% from the first six months of 2021.

The number of transactions made by these cards in Armenia grew by 38.4% to 71,343,502 worth a total of 1.7 trillion drams, up 23, 84% from the first half of 2021.

The number of transactions made in Armenia with foreign-issued cards also grew by 30.1% to 3,523,467 worth 132.9 bln drams, up 8.4%.

In total, according to the Union of Banks of Armenia, in the first half of 2022 the number of issued payment cards rose by 3.5% to 2,798,236. Compared to 2011, their number surged by 186.2%. ($1 – 404.82 AMD) -0-

spot_img

POPULAR

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms

EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment instruments.

LATEST NEWS

spot_imgspot_imgspot_img