Friday, February 16 2018 19:39
Karine Melikyan

Central Bank of Armenia: The volume of plastic transactions increased by 11.8% in 2017, with the number of cards growing by 9.2%

Central Bank of Armenia: The volume of plastic transactions increased by 11.8% in 2017, with the number of cards growing by 9.2%

ArmInfo. In Armenia, the number of plastic cards increased by 9.2% in 2017 to 1.715 million units, against the decline of 9.2% a year earlier. Adequately this has been improved by the trend of the total volume of plastic transactions with the exit from the 2.1% decline in 2016 by 11.8% growth in 2017 - to 1.6 trillion AMD. Central Bank's data reads.

According to the source, the number of local ArCa cards grew by 8.7% to 566.8 thousand in 2017, and international Visa and MasterCard by 3.6% and 18.7%, respectively, to 608.6 thousand units and 493.8 thousand units, with the decline of other international cards (mainly HSBC cards, as well as AmEx and Diners Club) by 0.3% to 45.5 thousand units. A year earlier, in 2016 the number of ArCa decreased by 5%, Visa - by 25.5%, other international cards - by 3.5%, with MasterCard growing by 20.8%.

According to the regulator, the recovery in 2017 of an upward trend in the total volume of plastic transactions was due to the release of the dynamics of transactions on Visa cards from a 0.6% decline to a 10.6% increase, acceleration of MasterCard transactions from 14.9% to 32.6%, against which background there was a small increase in the decline in ArCa transactions, from 0.4% to 1.8%, and a slowdown in the decline in transactions on other international cards from 67.7% to 30.5%. Leadership in the volume of transactions keeps Visa cards - 747.7 billion AMD, the second place went to MasterCard - 451.9 billion drams, pushing to the third ArCa - 354.5 billion AMD, and the remaining 22.7 billion AMD are transactions on other international cards (HSBC, AmEx, DC).

In the total volume of plastic transactions, the share of non-cash transactions grew from 7.3% to 17.1% over the last six years, reaching 269 billion AMD by the end of 2017, which is due to a significant increase in Internet commerce and the banks' efforts to promote cashless operations like CashBack (refund of money from purchases). The annual growth in the volume of non-cash plastic operations, after accelerating growth in 2016 from 25% to 32.3%, slowed to 23.1% in 2017. Quarterly dynamics of this indicator showed sharp changes: the 16.6% decline in the I quarter was replaced in the II quarter by 26.9% growth, then in the III quarter there was a decrease of 10.1% with the release in Q4 of 25% growth. A year earlier, in 2016, the quarterly dynamics turned out to be similar only to the first and second quarters - the 15.3% decline was replaced by a 21.5% increase, in the third quarter the upward trend jumped to 40.7%, greatly slowing down to the positive 0.8% in the IV quarter.

In the Armenian plastic market for 2017, the share of Visa in the total number of cards decreased from 37.4% to 35.5%, ArCa - from 33.2% to 33.1%, while the share of MasterCard increased from 26.5% up to 28.8%, and the remaining 2.7% (against 2.9% a year earlier) are other international cards (HSBC, AmEx, DC). In the total volume of plastic transactions, the dominant share is also held by Visa - 47.4% (against 48% in 2016), in second place MC - 28.7% (against 24.2% in 2016), on the third ArCa - 22.5% (against 25.6% in 2016), and the remaining 1.4% (versus 2.3% in 2016) is the share of transactions on other international cards.

As of January 1, 2018, there were 7,303 POS-terminals in Armenia, of which 711 are located in head offices and branches of banks. In the annual section, the total number of POS-terminals increased by 4.8% or 332 units, against the growth of 8.7% or 557 units. in 2016 ATMs on the above date, there were 1493 pcs. with annual growth of 4.3% or 61 pcs, against growth of 1.1% or 16 pcs. in 2016 It is noteworthy that in 2017 the number of POS terminals in banks and their branches decreased by 14% or 116, against growth by 9.2% or 70 units. in 2016, which can be determined by the withdrawal from the market by 2017 of four banks and the concomitant optimization of their post-terminal network by the banks with which they united, as existing players already had their own extensive network of poses. The number of trade/service points where ATMs or POS terminals are installed has ceased to be published by the Central Bank since 2015, but at the end of 2014 there were 6619 of which 3694 in retail outlets and 275 in hotels.

The Central Bank of Armenia acts as the majority shareholder of ArCa, the major shareholders of the organization are ACBA-Credit Agricole Bank, Armeconombank and Ardshinbank, and the remaining 12 banks own 2% of shares. In 2015-2016, ProCredit Bank, BTA Bank, Areximbank-GPB Group and Armenian Development Bank, which together with INECOBANK, Armeconombank, Ardshinbank and ARARATBANK joined the banking market.

In 2015, ProCredit Bank and BTA Bank came out, and in 2016 - Areximbank-GPB Group and Armenian Development Bank. Since 2017, there are 17 banks in Armenia. Through its own processing, HSBC Bank Armenia and VTB Bank (Armenia) operate on the card market. Only Armswissbank does not work on the plastic market, but becoming a member of the Armenian Card in the first quarter of 2017 and successfully completing negotiations with MasterCard for membership, in February 2018 he plans to start issuing cards.

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Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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