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Cashless Payments Increase 1.4 Fold in Armenia in 2006

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  • Cashless Payments Increase 1.4 Fold in Armenia in 2006

    CASHLESS PAYMENTS INCREASE 1.4FOLD IN ARMENIA IN 2006

    YEREVAN, FEBRUARY 16, NOYAN TAPAN. In 2006, a growth of operations
    through various payment systems and by means of payment instruments was
    registered in Armenia. According to the press service of the Central
    Bank of Armenia (CBA), 2 mln 422 thousand 60 cashless payments of the
    total amount of 6 trillion 664 billion drams (1 bln 601 mln 769
    thousand USD) were made in 2006. 1 mln 53 thousand 339 payments of the
    total amount of 4 trillion 815 billion drams were made through the CBA
    payment systems. In 2006, the amount of cashless payments increased
    1.4fold (by 1 trillion 791 thousand drams), while their number - 1.2
    fold (411,952). The amount of payments through the CBA payment systems
    increased 1.6fold (by 1 trillion 818 billion drams), while their number
    grew 1.2fold and made 194,861. The average daily amount of money
    transfers through the CBA payment systems made 18.8 bln drams, the
    number of such transfers made 4,115. The average daily amount of money
    transfers grew by 7 bln drams (the number - by 761) compared with 2005,
    with 5.7 bln drams of this amount being conditioned by a growth in
    transfers related to stock exchange operations.

    From: Emil Lazarian | Ararat NewsPress
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