Russia, Georgia and CIS Payment Cards Yearbook

Armenia - Summary

	Price: £75.00
Armenia Market Overview
Armenia Payment Organizations	Armenian Card (ArCa).

Armenia Domestic Card Brand	ArCa

Armenia Market Structure	The Central Bank of the Republic of Armenia plays a key role in the payment card system as majority-owner of ArCa. More than 60% of non-cash payments are credit transfers, with card payments accounting for 15%. Cards per capita are growing from a small base, but reached only 0.22 in 2010.

Armenia Major Issuers	ACBA-Crédit Agricole, Armeconombank (115,000 cards), Ardshininvestbank, Converse Bank and HSBC Bank Armenia

Armenia Key Statistics 2010
Armenia Population	3.26 million
Armenia Cards	Total: 729,300 (over 90% are debit cards)