The decision to ban the processing of Russian “Mir” cards in Armenia is a balanced and cautious position, said Babken Tunyan, head of the Parliamentary Standing Committee on Economic Issues, MP from the ruling Civil Contract party.

On March 25, 2024, the Central Bank of Armenia puts into circulation “100th Anniversary of Sergey Parajanov’s Birth” and “100th Anniversary of Paruyr Sevak’s Birth” gold collector coins.

The Armenian Parliament on Wednesday approved a loan agreement signed with the Asian Development Bank (ADB) under which 46 schools with enhanced seismic safety will be renovated and built in the country by 2027.

In response to the request of Arka news agency to comment on the refusal of Armenian banks to service “Mir” cards from March 30, the Central Bank of Armenia said that “commercial banks of Armenia independently decide which payment systems to cooperate with, based on their risk management strategies, including those related to sanctions”. 

VTB Bank (Armenia) said today that from March 30, 2024 holders of VTB “Mir” cards may face restrictions when making non-cash payments through POS-terminals or withdrawing cash from ATMs of other Armenia-based banks.

Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards.

The United Social Service has published a list of 11 Armenian banks that have joined the cashback program developed by the government for pensioners and beneficiaries.