Thu, 15 January
-2.9 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

HSBC BANK ARMENIA summarizes results of three month special offer to encourage non-cash sales transactions

YEREVAN, April 5. /ARKA/. HSBC Bank Armenia said today it has summarized the results of its three month special offer, designed to encourage non-cash sales transactions. The campaign was announced together with MasterCard and this year, for the first time, it was held exclusively with HSBC Bank Armenia.
According to the Bank’s press release, over one hundred of the Bank’s cardholders won digital photo frames. Fifty two of them were chosen based on number of transactions criteria (at least 50), and the other fifty cardholders based on volume of transactions criteria (at least AMD 1,000,000) during the period from November 1, 2011 until January 31, 2012.
“We were delighted that MasterCard chose HSBC Armenia as its exclusive partner in conducting this promotion campaign, and we were very pleased with the results,” HSBC Bank Armenia Chief Executive Officer Astrid Clifford stated.
Non-cash transactions conducted by HSBC Bank Armenia MasterCards during the three month period from November 1, 2011 until January 31, 2012 totaled AMD 4.9 billion, a 29% increase on the same period in previous year.
In 2011 HSBC Bank Armenia resumed acquiring of international VISA and MasterCards and started servicing ArCa cards via its ATM network. The bank has also started to issue chip and pin cards, which provide customers with higher security than cards with a magnetic stripe. In addition to 53 standard ATMs, the bank also launched its first Drive Through ATM on 20A Myasnikyan Street, Arax petrol station last September.
HSBC Bank Armenia cjsc was the first international bank to open in Armenia in 1996. The bank is a joint venture between the HSBC Group, which has 70 percent ownership, and members of overseas Armenian businesses. The bank offers a wide range of products and services to individual as well as corporate customers, including personal financial services, commercial banking and treasury and capital markets services. Thanks to the HSBC network in 88 countries and territories, the bank is uniquely positioned to provide truly international services for its customers.  ($1-391.32 drams). -0-

spot_img

POPULAR

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

LATEST NEWS

spot_imgspot_imgspot_img