Newsfeed

View from Kishinev: Moldova's Association with EU Not Settling Problems with Russia

Sources: Major General Vladimir Ustinov heads 102nd Russian military base in Armenia

Beeline Supports Young Performers of Classical Music

Ameriabank and SAS Group announce the launch of a co-branding card

On April 29 a Temporary Exhibition on the Armenian Genocide to be Launched in Paris

Leonid Slutsky: "I raised Armenian Cause even during my meetings with Ilham Aliyev"

Russian MP: Armenia is an important partner in Eurasian economic cooperation

Russian parliamentarian: Russian president holds control over Permyakov case

Russian parliamentarian: There is no need to apply regulations on restricted access to border areas to EEU citizens any more

Armenian MPs concerned about sale of Russian military hardware to Azerbaijan

Armenian and Russian parliamentarians adopt joint statement calling on world community to recognize Genocide of Armenians

Russian parliamentarian: "We welcome Gagik Tsarukyan's decision to leave political field"

Putin and Sargsyan to discuss Karabakh issue in Yerevan on April 24

NKR Defense Army: Armenian soldier killed on line contact

Founding Parliament movement holds a Yerevan-Gyumri car rally

UN Council on Human Rights Adopting Armenia's Resolution on Genocide Prevention

Turkish Deputy: Karabakh Conflict to be Settled within Azerbaijan's Territorial Integrity

Turkey Hoping the European Commission Will Not Recognize the Armenian Genocide

Seyran Ohanyan: Baku Responsible for the Possible Escalation of the Karabakh Conflict

Kiev Events Dedicated to the Armenian Genocide Centennial

Sevak Sarukhanyan: Concerns about possible emergence of ISIS in Azerbaijan focus Tehran's attention on Baku

Villagers address a letter to Armenian Prime Minister over a tailing dump of Akhtala Mining Plant

Armen Rustamyan: ARFD's coalition with authorities depends on whether its 7 proposals will be fulfilled

Heritage Party about negotiations with president: "Terrorists hijacking planes are bad guys, but we have to negotiate with them to save hostages"

Parliamentary forces do not support Founding Parliament movement's steps

Head of Chinari rural community: Tension on the border should not cause panic

"Never Again" - Films telling about Genocide of Armenians screened at Sofia Film Festival

Nikol Pashinyan Tore to Bits SCPEC Armenia's Head

Armenian Assembly of America urges US Subcommittee to allocate $40 million in assistance to Armenia

Orange Contributing to the Project "Bringing Sight to Armenian Eyes"

Defense Ministry of Armenia sets up special organization to manage Karen Demirchyan Sports and Concert Facility

Beeline Announces "Information Technologies in my Life" Contest

SCR offers preferential fares for electric trains in April

Zhirair Sefilian: the "Founding Parliament" to Start 24/7 Tea Parties since April 24

Washington Forecast: USA Paying More Attention to Baku as a versus to Armenian-Russian Axis

ACBA-Credit Agricole Bank issues student loans within 15 minutes

  • by Erik Abrahamyan

  • Thursday, August 28, 21:20

 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-

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields