YEREVAN, April 15. /ARKA/. The Central Bank of Armenia says in a fresh issue of its monthly bulletin that AMD 1 595.7 billion was transferred in February 2016 by using non-cash instruments of Armenia's commercial banks.

According to the report, this is 18.5% less than the amount of the same period a year before.

As many as 2,083,942 money transfer transactions were carried out in February 2016 – 24.4% year-on-year increase.

Remittances on payment obligations amounted to AMD 1 577 billion, on electronic payment obligations AMD 1 424.4 billion, ob checks AMD 275 million and cashless card operations AMD 1.3 billion. No other debit remittances were carried out.

Transactions made in Armenia by using plastic cards totaled AMD 106.8 billion in February showing a 7.6% year-on-year growth, and the number of transactions was 2,363,145 (12.2% growth).

The number of plastic cards in use was 1,739,122 in February 2016 (8.9% growth). ($1 – AMD 483.03). --0---