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.
ue to technical re-equipment and system improvement work, services in the ArCa payment system are temporarily unavailable from 11:46 a.m., the Armenian Card company reports.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
ue to technical re-equipment and system improvement work, services in the ArCa payment system are temporarily unavailable from 11:46 a.m., the Armenian Card company reports.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
IDBank, purposefully continuing the active development of digital banking culture, launched the Visa Digital card. Now the client can get a full-fledged virtual bank card Visa Digital through the Idram&IDBank mobile application, IDBanking.am and Idram digital platforms, without visiting the office, which becomes even more convenient due to the possibility of obtaining a credit line
UnionPay International (UPI), a wholly-owned subsidiary of Chinese payment firm UnionPay, has partnered with ACBA- CREDIT AGRICOLE BANK to enable card acceptance in Armenia for the first time
Card-to-card money transfers are becoming increasingly popular with the clients of VTB Bank (Armenia). The Russian-owned bank said in a press release that the service was launched one year ago and is now available at its 157 ATMs across the country
Unistream bank cardholders can now get paid back for everyday purchases thus saving money on their RUR-currency cards, the bank’s press office reported on Tuesday
ACBA-CREDIT AGRICOLE BANK, one of the first partners of Russia’s payment system MIR, has issued ArCa-MIR new chip card, the press office of the bank reports
All types of plastic cards were used in Armenia to make 340.1 billion drams worth transactions in the first half of 2016, the Central Bank reported today adding also that the amount represented a 6.3% decline when compared to the same period of 2015
VTB Bank (Armenia) and ArmenTel telecom operator (trading as Beeline) have announced the issuance of a new co-branded banking card, designed to accelerate and simplify the process of obtaining credit lines, the bank's press service reported today
Plastic cards issued by Armenian commercial banks were used outside the country to make about 8 billion drams worth transactions in 2015 July, an almost 30% rise from the previous month, according to Central Bank’s bulletin. The number of transactions grew by 12.3 percent to 157,700
Some 2,308,083 transactions totaling AMD 108.6 billion were made in Armenia by using payment cards issued by Armenian and foreign banks in March 2015, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin
Total volume of all card transactions in Armenia amounted to 1,274.8 billion drams in 2014, an increase of 26.2% compared to the year before, the website of the Central Bank of Armenia reports
Areximbank – Gazprombank Group CJSC started issuing and serving proximity cards with VisapayWave technology, the press office of the bank reported on Monday
