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Cashless Payments In Armenia Decreased By 12% In 2010 First Quarter

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  • Cashless Payments In Armenia Decreased By 12% In 2010 First Quarter

    CASHLESS PAYMENTS IN ARMENIA DECREASED BY 12% IN 2010 FIRST QUARTER

    PanARMENIAN.Net
    May 18, 2010 - 10:55 AMT 05:55 GMT

    Cashless payments through the Armenian banking system amounted to
    2956bln in the first quarter of 2010, with 2100bln through the Central
    Bank's payment system.

    During the reported period, the amount of cashless payments decreased
    by 12%, while their number grew by 20%.

    The average daily amount of money transfers through CB payment systems
    totaled AMD 33bln, which is AMD 9.3bln less than in the first quarter
    of 2009. At that, transfers for exchange transactions totaled AMD
    148bln, the CBA press office said.

    From: Emil Lazarian | Ararat NewsPress
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