Fri, 28 November
0.1 C
Yerevan
USD: 381.07 RUB: 4.86 EUR: 441.47 GEL: 141.14 GBP: 503.97

Russian BKS bank resumes money transfers in USD to Armenia

YEREVAN, November 28. /ARKA/. Russian BKS bank has resumed foreign currency transfers in U.S. dollars to Armenia, TASS news agency reported quoting the credit institution.

The BKS Bank said also that its clients can make money transfers in dirhams to relatives or third parties in the United Arab Emirates, Turkey and Azerbaijan.

The bank’s call center told TASS that money transfers were suspended on November 16 for technical reasons. The call center operator also added that only outgoing money transfers in US dollars from Russia to Armenia are available to BKS clients.

Earlier on November 16 BKS Bank announced the suspension of money transfers in euros and dollars to Turkey and Azerbaijan, for the reasons beyond its control, two days after launching money transfers to these countries. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img