YEREVAN, October 27, /ARKA/. The number of international plastic cards issued by Areximbank-Gazprombank Group in the first nine months of 2010 has increased by 20% to 68, 828, the bank said in a press release.
It said also the volume of transactions carried out by cards grew by 76% over the reporting time span to 18.8 billion Drams, of which 17.5 billion Drams were cash transactions and 1.2 billion Dram cashless transactions. On October 1 the bank had 43 ATMs and 112 POS-terminals.
Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. The bank is owned fully by Russian Gazprombank and has 6 branches in Yerevan and 9 in regions. According to its press release, on October 1 its credit portfolio was 42.5 billion Drams. -0-
