Due to the failure of ArCa,  Central Bank of Armenia recommends that people apply to banks for loan repayment.

YEREVAN, July 29. /ARKA/. If citizens are unable to repay their credit obligations due to problems with the ArCa payment system, they can contact the banks and credit organizations that service them, the regulator told the ARKA news agency.

Earlier, the Armenian Card Company reported that, due to technical re-equipment and system improvements, ArCa payment system services were temporarily unavailable starting at 11:46 a.m.

The regulator assured that the rest of the infrastructure facilities servicing the financial system are operating normally and that there have been no interruptions in the provision of interbank services. -0-

spot_img

POPULAR

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended

YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

LATEST NEWS

spot_imgspot_imgspot_img