All news related to transactions

Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

17.04.2019 16:03

Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

YEREVAN, April 17. /ARKA/. The total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams, the Union of Banks of Armenia (UBA) reported. According to UBA Executive Director Seyran Sargsyan, there are two reasons behind the growth in non-cash transactions- first is a 20.4% increase in the number of banking cards used as a means of payment , and the second is the understanding of cardholders the advantages of using cards.

He said there may a third reason- the reduction of the "shadow". "As the total amount of non-cash transactions grew, the average volume of a single transaction dropped to 22,000 drams, which means that card holders also began to use their payment cards to pay for small purchases more often," said Sargsyan.

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The number of transactions at Armenian stock exchange almost triple in 2018

14.02.2019 18:11

The number of transactions at Armenian stock exchange almost triple in 2018

A total of 1,584 transactions with corporate bonds to the tune of 30.36 billion drams were effected at the Armenian Stock Exchange in 2018

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Armenia’s central bank warns against leveraged transactions

24.12.2018 19:00

Armenia’s central bank warns against leveraged transactions

Armenia’s Central Bank has warned today about high risks of leveraged transactions (leverage is an investment strategy of using borrowed money

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Some 13.8 billion drams worth transactions with corporate bonds effected at NASDAQ OMX Armenia stock exchange

02.11.2018 16:21

Some 13.8 billion drams worth transactions with corporate bonds effected at NASDAQ OMX Armenia stock exchange

Some 1,104 transactions with corporate bonds to the tune of 13.8 billion drams (the equivalent of $28.5 million) were effected in the first nine months of 2018 at the NASDAQ OMX Armenia stock exchange, by 46.8% more than the cost of transactions effected in the same time span in 2017

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Armenian Central Bank allows to use Russian Narodnaya payment and settlement system

16.10.2018 14:51

Armenian Central Bank allows to use Russian Narodnaya payment and settlement system

Armenia’s Central Bank said today it has allowed to use the Russian Narodnaya (People’s) payment and settlement system for making transactions

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Transactions with corporate bonds at NASDAQ OMX Armenia stock exchange double in seven months

24.08.2018 18:46

Transactions with corporate bonds at NASDAQ OMX Armenia stock exchange double in seven months

The amount of transactions with corporate bonds effected at NASDAQ OMX Armenia stock exchange in the first 7 months of 2018 doubled when compared to the same period last year, according to data, provided by the exchange

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ADB’s trade financing program supported over $116.5 million in trade through 384 transactions in Armenia since 2012

20.06.2018 16:15

ADB’s trade financing program supported over $116.5 million in trade through 384 transactions in Armenia since 2012

The Asian Development Bank’s Trade Financing Program (TFP) has supported over $116.5 million in trade through 384 transactions in Armenia since 2012, 51% of which have been small and medium-sized enterprises-related (SMEs) deals, according to a press release, placed on the bank’s website

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Some 400 billion drams worth transactions made by Armenian plastic cards

22.12.2017 17:12

Some 400 billion drams worth transactions made by Armenian plastic cards

All types of plastic cards were used in Armenia in the third quarter of 2017 to make a total of 399.9 billion drams worth transactions, by 8.7% more than in the same time span of 2016, the Central Bank reported today

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Armenian credit organizations increase lending by 12.42% to AMD 321.8 billion in Jan-Sept 2017

17.11.2017 17:26

Armenian credit organizations increase lending by 12.42% to AMD 321.8 billion in Jan-Sept 2017

Armenian credit organizations’ credit exposure and leasing transactions has grown 15.42% since the beginning of this year and totaled AMD 321 billion in Jan-Sept 2017

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Unibank to secure card transactions via 3D Secure/ Secure code technology

10.08.2017 15:01

Unibank to secure card transactions via 3D Secure/ Secure code technology

Unibank will ensure security to card transactions via 3D Secure/ Secure code technology, the press office of the bank reported on Thursday

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