ArCa payment system resumes operations

Banks

YEREVAN, July 29: /ARKA/. The Armenian ArCa payment system has resumed normal operations, according to a statement from the company.

“As of 15:25, the ArCa system was fully operational again. Our technical team acted quickly to restore stability and functionality to the system,” the company said.

Due to a system failure recorded at 11:46 a.m., payments, money transfers, and other transactions were unavailable. The company reported that they were working to reequip and improve the system. -0-

spot_img

POPULAR

Exchange market

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.
Capital market

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.
Exchange market

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.
Economy

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.
Economy

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
цб
Due to the failure of ArCa,  Central Bank of Armenia recommends that people apply to banks for loan repayment.
Next article
Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.
Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.