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ACBA-CREDIT AGRICOLE BANK unveils winners of its Cashback Quest contest.

YEREVAN, October 20. / ARKA /. ACBA-CREDIT AGRICOLE BANK has unveiled today the names of the winners of its CASHBACK QUEST contest.

This unprecedented contest kicked off on September 28. It was dedicated to the issuance of American Express Cashback cards, a new type of banking cards in Armenia.

Participants were to register until September 22 at www.cashbackcard.am and contact the nearest branch of ACBA-CREDIT AGRICOLE BANK to get the American Express Cashback card. For all participants the first year of service is free.

The contestants were to take active part in various activities organized by the Bank, including, a dance competition at Charles Aznavour square in Yerevan, visits to museums, as well as responses to various questions relating to, inter alia, culture and finance. For each task the participant received a certain number of scores.

The main prize – 1.5 million drams- went to Anzhela Stepanyan, who scored the maximum number of points. The following 10 participants with the maximum number of points received 150,000 drams each. Cash prizes were transferred to their American Express Cashback cards.

“The American Express Cashback cards of the American Express system are the Bank’s third product allowing cardholders to receive CASHBACK bonuses as a refund,” ACBA-CREDIT AGRICOLE BANK’s CEO, Hakob Andreasyan was quoted as saying in a press release.
He thanked all the participants of the CASHBACK QUEST contest for their active participation, vigor and creativity.

“We are proud to have such clients and we will continue to come up with new initiatives that will encourage and inspire our customers,” said Andreasyan.

To get Express Cashback card, one should visit any branch of ACBA-CREDIT AGRICOLE BANK or fill out an online application at www.americanexpress.am/cashbackcard.

ACBA was established in 1996, within TACIS program of the European Union. Long-term and mutually beneficial cooperation between ACBA Bank and the leading French banking group Credit Agricole led Credit Agricole bank group to become the biggest shareholder of ACBA on September 15, 2006, by making a significant financial investment into the bank capital. ACBA was restructured, becoming a closed joint stock company and it was renamed ACBA CREDIT AGRICOLE BANK.

The bank’s assets on July 1, 2014 totaled 273 billion drams (a 2.2 percent growth from the beginning of the year); its liabilities stood at 2.219 billion drams (an increase of 2.66 percent); its capital was worth 53.8 billion drams (down 0.5%). The bank has 276,000 customers and runs 49 branches across the country. ($1- 409.69 drams). -0-

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