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  • Archive for March 19th, 2024

    Central Bank of Armenia reacts to Armenian banks' refusal to service Russian Mir cards

    Tuesday, March 19th, 2024

    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 (Armenia) will continue servicing "Mir" cards, restrictions are possible in POS-terminals and ATMs of other banks

    Tuesday, March 19th, 2024

    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.

    Almost all Armenian banks will stop servicing Russian Mir cards

    Tuesday, March 19th, 2024

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

    List of 11 banks participating in cashback program for pensioners and recipients of benefits published

    Tuesday, March 19th, 2024

    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.