Mon, 23 February
8.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Artsakh abolishes commissions on transactions between cards of different banks

YEREVAN, 24 January. /ARKA/. From now on, all banks operating in Artsakh (Nagorno-Karabakh) will not charge commissions when servicing the cards of another Artsakh bank, and in case of technical impossibility, the commission amount is to be returned to the cardholder the next day, the Artsakh Information Headquarters said.

It said the decision was prompted by the problems articulated by the locals and taking into account the situation, discussions were held with the Central Bank of Armenia, after which all the banks functioning in Artsakh were offered the above-mentioned regulation.

All the banks have agreed and expressed their willingness to ensure the implementation of this decision, the Information Headquarters said.

The only road connecting Artsakh and Armenia has been blockaded by Azerbaijan since December 12, 2022. Before the blockade about 400 tons of food was supplied to Artsakh from Armenia daily.

About a thousand people (including several dozen children, have been separated from their families.

All planned surgical operations are suspended.

Pharmacies are running out of stocks of all medicines.  Fuel is running out, food is running out and shops are empty. Kindergartens are closed because it is not possible to provide food for children

Thus, 120,000 people (including 30,000 children and 20,000 elderly) are on the verge of a humanitarian crisis. -0-

spot_img

POPULAR

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

LATEST NEWS

spot_imgspot_imgspot_img