Number of payment cards issued by Areximbank-Gazprombank Group grew by 34.20% over 2012

YEREVAN, February 14. /ARKA/. Number of payment cards issued by Areximbank-Gazprombank Group closed joint stock company totaled 19,967, including 10,531 VISA cards, 6,734 MasterCards and 2,702 ArCa cards, as of the end of 2012.

It is an increase of 34.20% compared to the same period of 2011. Number of active cards was 32,678 by the end of December 2012, including 18,372 VISA cards, 12,911 MasterCards and 1,395 ArCa cards, the bank’s press service reported. Number of “salary” projects run by the bank was 143, according to the report.

The bank is planning to increase the number of cards up to 40,000, the card turnover up to 70,000 mln drams and number of “salary” projects to 157.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. The bank is fully owned by Russian Gazprombank.

In 2010, AB Certification (France) Audit Company granted ISO 9001:2008 international certificate of compliance to the bank. In 2012, the bank received ISO 27001: 2005 certificate of compliance from Certification International United Kingdom. The bank has 16 branches throughout the country. –0–

spot_img

POPULAR

Armenia’s health insurance package has not been reduced since the beginning of the year, and services have not become fee-based – Avanesyan

Since January 1, no changes have been made to Armenia's health insurance package that would lead to a reduction in services or the transition of any of them to a fee-based basis, stated RA Health Minister Anahit Avanesyan.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

LATEST NEWS

spot_imgspot_imgspot_img