Sat, 28 February
1.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Almost all Armenian banks will stop servicing Russian Mir cards

YEREVAN, March 19. /ARKA/. Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards.

According to RBC, ATMs and POS-terminals of most Armenian banks will stop servicing cards of the Russian payment system “Mir” from March 30, 2024.

The exception is ATMs and POS-terminals of VTB Armenia Bank (a subsidiary of Russia’s VTB). 

This news was also confirmed by RBC’s source in the Russian payment market. A representative of the National Payment Card System (NPCS) noted that the Mir payment system does not limit its work with foreign partners. However, it is up to the banks of other countries to decide whether or not to accept Mir cards.

ARKA news agency applied to the Central Bank of Armenia and Armenian Card national payment system for a comment.-0-

spot_img

POPULAR

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

LATEST NEWS

spot_imgspot_imgspot_img