Sun, 27 July
33.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Areximbank-Gazprombank Group to increase ATMs number to 100, pos-terminals to 360 in 2013

YEREVAN, November 28. /ARKA/. Areximbank-Gazprombank Group CJSC said Wednesday it will increase the total number of its ATMs by 20 from 2011 to 100, and POS-terminals by 60 to 360 in 2013.

“It is linked to the bank’s plans to develop card business in Armenia and the roll-out of some new services in 2013,” the press service quotes the deputy CEO of Areximbank-Gazprombank Group Ruben Khachatryan said.

He expressed his confidence that non-cash transactions will grow rapidly in the near future.

“Due to a great competitiveness between the banks, card business is rapidly advancing in Armenia now. Card issue and the volume of transactions are climbing year over year,” Khachatryan noted.
Competing with each other, the Armenian banks are constantly introducing new card services, according to him.

As to Areximbank-Gazprombank Group, Khachatryan said it was the first bank in Armenia that had been certified by VISA and MasterCard payment system for internet acquiring in support with Verified by Visa and MasterCard SecureCode.

“Due to this, it is possible now to make electronic payments in Armenian Internet shops. In 2013 we will introduce several other interesting “plastic” projects,” he said.

Areximbank-Gazprombank Group was established in 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia. Russia’s Gazprombank has been the sole owner of the bank since 2007. The bank has successfully passed ISO 9001: 2008 certification on compliance with international requirements. The bank has 16 branches, including those in 9 regions of Armenia. Seven branches are located in Armenia’s capital Yerevan.—0-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img