Mon, 10 March
4.1 C
Yerevan
USD: 394.58 RUB: 4.45 EUR: 428.40 GEL: 142.19 GBP: 509.72
spot_img

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

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

III Capital Markets Armenia to Be Held in Yerevan

On March 20, the annual III Capital Markets Armenia conference—one of the key events for the financial and investment community in the region—will take place at the Marriott Hotel, Yerevan.

Euro exchange rate rises by 0.91 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 26, 2025, amounted to 393.51 drams, down 0.04 points compared to February 25.

LATEST NEWS

spot_imgspot_imgspot_img