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Frank-Walter Steinmeier to travel to Armenia on June 29

Armenians and Azerbaijanis should take efforts towards peace, Pope Francis says

Opposition MP condemns political persecution against Zhirayr Sefilyan

Ancient Armenian city Ani may become UNESCO World Heritage Site

Tickets for Russian trains can be acquired at Yerevan railway station

"We Are the Owners of Our Country" initiative picketing Parliament building opposing ratification of agreement on joint air defense system with Russia

Pope Francis: "I am happy to have visited Armenia"

Sharmazanov: OSCE MG should react very strongly to Aliyev's refusal to implement arrangements made in Vienna and St. Petersburg

Pope Francis leaves Armenia ending his pastoral visit

Pope Francis and Catholicos of All Armenians visit Khor Virap Monastery at the foot of Ararat and launch doves of peace

Aliyev says Azerbaijani armed forces seized part of Karabakh districts during April aggression

Serzh Sargsyan: Pope Francis' calls for peace and tolerance are a powerful signal for peaceful settlement of regional problems

Serzh Sargsyan: I am sure we will find the best possible option of settlement for Nagorno-Karabakh people

President of Armenia calls on Armenians worldwide to unite to settle the three fundamental issues of the Armenian people

Karekin II and Pope Francis sign Common Declaration: "We express our hope for a peaceful resolution of the issues surrounding Nagorno-Karabakh"

Armenian President: We are grateful to Pope Francis for visiting Armenia and showing warm attitude to Armenian people

Vatican reacts to Turkey’s criticism: “Pope has never been on a Crusade, he tries to build peace rather than to wage war”

Pope Francis: “May the Armenian Church walk in peace and may the communion between us be complete.”

Karekin II: The processes of secularism are intensifying, spiritual and ethical values and views are distorted, and the family structure, established by God, is being shaken

Pontifical Divine Liturgy underway in the Mother See of Holy Etchmiadzin at the St. Trdat Open Air Altar

Ilham Aliyev: Nagorno-Karabakh will never get independence

Karekin II: More practical steps must be taken by Christian churches on the road to searching for peace

Pope to Armenian people: Your sufferings are our own

Pope Francis participates in ecumenical meeting with Patriarch of Armenian Apostolic Church, Karekin II, in Yerevan

Police make statement over recent detentions in Yerevan

Police confirm reports on detention of activist Shant Haroutiunyan's son

Detentions continue in Yerevan

Pope Francis sends telegram to Turkish president

Pope Francis visits Church visits Armenian Apostolic Cathedral of the Seven Wounds and the Holy Martyrs Armenian Catholic Cathedral in Gyumri.

Fr. Federico Lombardi, S.J. says Pope Francis speaks about past tragedies not to inflame wounds, but to help create grounds for reconciliation

Federico Lombardi says Pope Francis enjoyed magnificent view of Biblical Mount Ararat

Pope Francis visits Our Lady of Armenia Catholic Educational Center in Gyumri, Armenia

Pope Francis expresses his gratitude to religious and civil authorities of Armenia

Pope Francis talks to the faithful

Pope Francis delivers a homily in Gyumri

Venice Commission experts make remarks about new proposals on Electoral Code of Armenia

Arsen Khojoyan, who was taken captive in Azerbaijan, kills a 17-year-old girl in Armenia

Pope Francis holding his first Mass in Gyumri, Armenia

OSCE MG urges Azerbaijan and Armenia to remove all remaining obstacles to expanding OSCE CiO Personal Representative's mission

Pope Francis and Catholicos of All Armenians arrive in Gyumri

Pope Francis visits Tsitsernakaberd Memorial dedicated to Armenian Genocide victims

Monument to Grigor Narekatsi to be erected in Vatican, Director of Holy See Press Office Federico Lombardi says

OSCE CiO Frank-Walter Steinmeier is expected to travel to South Caucasus

President Serzh Sargsyan and His Holiness Pope Francis had private meeting

Pope quotes Charents: Our turquoise sky, our clear waters, the flood of light, the summer sun and the proud winter borealis... our age-old stones ... our ancient etched books which have become a prayer

Charge pressed against commander of serviceman driven to suicide

Souvenir sheet and mini-sheet with four stamps dedicated to visit of Pope Francis to Armenia put into circulation

Zurabishvili: Ankara has always supported Tbilisi's aspirations including integration into NATO

Naira Zohrabyan: It is necessary to suppress Turkish fascism

Nino Burjanadze: It is absolutely unfavorable for Georgia to join NATO now

Regional

ACBA-Credit Agricole Bank issues student loans within 15 minutes

  • by Erik Abrahamyan

  • Friday, August 29, 02:20

 ACBA-Credit Agricole Bank has issued over 31 thousand student loans over the past ten years. The press service of the Bank has told ArmInfo that the lending procedure for students is considerably facilitated now - the loan is provided within 15 minutes only. 

To receive the loan, students need to submit a letter from the education institution, the IDs of the students and the borrowers and their social cards. When receiving this loan, the borrower gets the following privileges: free VISA Student card not only for the borrower but also for his/her friend; participation in a drawing that allows winning the tuition fee, a Notebook or an iPad; for excellent progress in studies 20% of the interest paid may be refunded to the student's card. The loan is provided in Armenian drams for 3-12 months at 18% p.a. The maximum amount of the loan is 1 mln AMD. 

According to the Analytical Review "Armenian Banks in Card Business" prepared by ArmInfo, ACBA- Credit Agricole Bank is among the TOP-5 banks in terms of the total active cards (about 160 thsd, including over 90 thsd local ArCa cards, about 47 thsd Visa cards and over 20 thsd MasterCards). Over 57% of the total active cards fall on payroll card programs. ACBA-Credit Agricole Bank issues and services local ArCa cards and international Visa and MasterCards. By the number of active ArCa cards, the Bank is among the TOP-3, by the number of Visa and MasterCards it is among the TOP-5, and by the payroll card programs the bank is ranked 2nd. The Bank is ranked 2nd in terms of plastic transactions (about 140 bln AMD in 2013 (15% y-o-y growth), including about 115 bln AMD ATM transactions) and it is in the lead in the number of ATMs and POS terminals (187 and 1210, respectively). The Bank has been the exclusive partner of American Express for almost 4 years. -n-

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