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