Banks’ cards used outside country to make 8 billion drams worth transactions in July

10.09.2015 16:19
Banks’ cards used outside country to make 8 billion drams worth transactions in July

YEREVAN, September 10. / ARKA /. 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.

The amount of non-cash transactions made by using cards in July rose by 20.7% from June to about 6.4 billion drams.

The plastic cards were used abroad also to withdraw the equivalent of 1.6 billion drams, 13.2 percent rise from June.

All 21 Armenian based commercial banks issue and service various payment cards. Nineteen of them are members of the unified local payment system ArCa ($ 1 – 417.13 drams). ($1 – 485.55 drams). –0–


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