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AREXIMBANK- GAZPROMBANK GROUP BANK circulates 545,302,000 drams at its service points in first quarter this year

YEREVAN, April 27. /ARKA/. Monetary circulation at Areximbank- Gazprombank Group Bank’s service points climbed by 26% to 545, 302,000 drams in the first quarter of this year from the same period a year earlier, the bank’s press service reports ARKA.

According to the source, the bank’s cardholders circulated  397, 609,000 drams at the service points of other banks, that is 17 %  higher from the same period last year.
“The bank’s cash terminals circulated 7 464 million drams, 2 208 million of which – by POS terminals, and 5 256 million drams – by ATMs,” the press  release says.
The bank issued 4,815 plastic cards in the first quarter of 2012; of them 3,285 are VISA cards, 981- MasterCard and 549- ArCa, the press release says.

The press release also says that the number of servie points of the bank is advancing as well. Fore example, as of March 31, 2012, there are 58 ATMs, 39 cash points and 218 POS terminals.
Areximbank- Gazprombank Group expects to increase total number of ATMs  by 25 to 83 and POS-terminals – by 100 to 300.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. Russian Gazprombank OJSC holds 100% stock of the bank. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. ($1 – 392.49 drams).—0—

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