Areximbank-Gazprombank Group to introduce new products for plastic card holders

YEREVAN, February 2, /ARKA/. Areximbank-Gazprombank Group said it plans to introduce this year several new products for plastic card holders. Namely, it will issue ArCa plastic cards, and its plastic card holders will be able to pay utilities by mobile phones from their plastic card accounts.

Also Areximbank’s and Russian Gazprombank’s plastic cards holders will be able to make round the clock money transfers between Russia and Armenia.

The bank has already introduced Telecard System, a utilities payment system via ATM and a card-to-card money transfers system.

The bank said also the number of payment cards issued last year increased by 30.6% to 75,315. The volume of transactions made by plastic cards grew by 46% to 27.8 billion Drams. The bank operates now 44 ATMs and 128 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.-0-

spot_img

POPULAR

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

Central Bank is not observing capital outflow from Armenia amid regional uncertainty

The Central Bank of Armenia is not observing capital outflow from Armenia amid regional uncertainty, stated Deputy Chairman Hovhannes Khachatryan.

LATEST NEWS

spot_imgspot_imgspot_img