Mon, 9 June
28.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Contract between ACBA-CREDIT AGRICOLE BANK and American Express was re-signed

YEREVAN, October 6. / ARKA /. ACBA-CREDIT AGRICOLE BANK and American Express have re-signed the contract, which allows the Bank to continue exclusive issuance of American Express Gold, Blue and Cashback cards, as well as acquiring merchants onto American Express network in Armenia.

The new contract was signed in New York by General Executive Manager of ACBA-CREDIT AGRICOLE Bank, Mr. Hakob Andreasyan and Mr. Colin O’Flaherty, Vice President and General Manager, Partner Card Services, Russia, CIS and Central Eastern Europe at American Express.

By extending the exclusive contact, American Express has once again expressed confidence in ACBA-CREDIT AGRICOLE and willingness to continue partnership with the Bank for the benefit of customers in Armenia.

The first contact was signed in August 2009, leading to expansion of card acceptance network in Armenia. In 2010 the first American Express Gold Card was issued, offering a wide package of benefits never seen before in Armenia.

In 2011 the Bank issued American Express Blue Card, an innovative and trendy Card that rewards everyday spending and has benefits that complement their dynamic lifestyles. In July, 2014 American Express Cashback Card, a product designed for everyday use, which is the first card in Armenia to provide 2% CASHBACK for all transactions in a many supermarkets.

ACBA-CREDIT AGRICOLE BANK and American Express will continue offering new and innovative products in Armenia, aiming at offering a suitable American Express Card to customers with various demands and preferences. -0-

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img