Central Bank or Armenian government did not dream of banning Mir cards in Armenia” – MP

YEREVAN, April 18. /ARKA/. Neither the Central Bank nor the Armenian government dreamed of banning Russian Mir cards on the territory of Armenia, Babken Tunyan, deputy chairman of the  National Assembly Committee on Economic Affairs, said today.

“The structure that made this decision felt that it is necessary to restrict Mir cards in our country. However, these cards can be used through VTB Bank’s ATMs or POS terminals,” Tunyan said to the Public Television of Armenia.

Armenian commercial banks since March 30 have stopped processing payments by Mir cards. The exception is  VTB Bank (Armenia), a subsidiary of Russian VTB bank.

The Armenian payment system ArCa notified the Russian National Payment Card System (operator of Mir cards) about this decision of commercial banks in advance. -0-

spot_img

POPULAR

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

LATEST NEWS

spot_imgspot_imgspot_img