Armenian banks-issued cards used outside the country to make around 5 billion drams worth transactions in February

28.04.2014 15:41
Armenian banks-issued cards used outside the country to make around 5 billion drams worth transactions in February

YEREVAN, April 28, /ARKA/. Armenian banks-issued payment cards were used outside the country to make around 5 billion drams worth transactions in February, a decline of 21 percent from the previous month, the Central Bank of Armenia said in its monthly bulletin for the second month of the year.

The number of transactions grew by 4.3 percent to 110,800, it said.

The amount of non-cash transactions plunged by 33 percent to 3.2 billion drams. The cards were used also to withdraw outside the country an equivalent of 1.8 billion drams, an almost 16 percent rise from January 2014.

Twenty-one Armenia-based banks issue and service all types of banking cards; 19 of them are members of the single national payment system ArCa. ($1 – 413.01 drams.). -0-


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