Ardshinbank joins best and converstransfer money transfer systems

YEREVAN, April 9. /ARKA/. On April 3, Ardshinbank offered two new money transfer systems to its clients – Best and ConversTransfer, which are served in the bank’s 56 branches in Armenia and Nagorno-Karabakh Republic, the bank’s press office reports.

According to the press release, Best and ConversTransfer systems allow customers to send and receive money over CIS countries in US dollars, Euros and Russian rubles.

Due to a special agreement reached with the system Best it is possible to transfer money from Russian United National Bank LLC to Ardshinbank with 0% interest rate.

The press office says implementation of new systems and the ability to make transfers at preferential rates are designed to create additional facilities and meet the growing demand of the population toward financial products.

Receiving of the transfer is free of charge for Receiver and it is available immediately after the transfer has been made.

“By launching “Best” and “ConversTransfer” systems Ardshinbank collects all the leading systems in one place, serving 9 systems simultaneously – Avers, IntelExpress, Sigue, MoneyGram, Anelik, UniStream, Ria, Best and ConversTransfer, which also offer competitive prices and wide geography,” the press release says.

Ardshinbank CJSC (Ardshininvestbank before renamed Ardshinbank on November 13, 2014) was registered in February 2003. The bank is among leaders in Armenia’s banking sector for all general indicators and it enjoys Moody’s Ba3 rating with stable outlook.

Ardshinbank has 55 branches, one of the largest branch networks in the country.

The bank’s assets totaled AMD 369.1 billion in 2014 (37% growth) and liabilities AMD 321.7 billion (42.8% growth).

Its total capital amounted to AMD 47.4 billion (7.4% growth) and loan portfolio AMD 220.1 billion (27.8% growth).

The bank’s net profit amounted to AMD 4.2 billion in 2014 against AMD 6.4 billion in 2013. ($1 – AMD 474.99). –0–

spot_img

POPULAR

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img