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Shmuel Meirom: Israel is willing to contribute of its experience in the field of economy, but it cannot force Israeli business to invest in Armenia

OSCE Minsk Group Co-Chairs express their serious concern about the increase in tensions and violence in Karabakh conflict zone

Heritage Party considers Volodya Avetisyan to be a political prisoner

Rostelecom expands its sales and customer service network

Arthur Grigoryan appointed commercial manager of mobile communication division at Beeline Armenia

Edward Nalbandian: Armenia wants to start a dialogue on abolishment of visa regime with EU

Edward Nalbandian: Unlike Azerbaijan, Armenia has been consistently proving its adherence to the principles of international law

No third tailing dump in Tukhmanuk

Edward Nalbandian: Turkey, which is striving to the EU, has shut down the border to the neighboring state, whereas a principle of free movement at the EU territory is one of the basic norms

Ali Hasanov: If international organizations can not resolve the conflict, let them step aside and the two neighboring states solve the problem themselves

Vladimir Dorokhin: None of the Azerbaijanis detained at the territory of Armenia are Russian citizens

"Mika cement" to replace owner

Deputy Prime Minister of Azerbaijan: The Azerbaijani people do not believe the OSCE Minsk Group

OSCE representative concerned about Armenia court decision forcing media outlets to disclose sources

The NKR Minister of Foreign Affairs received the Head of the ICRC Mission in Nagorno-Karabakh

Members of Karabakh parliament made a statement to protect Levon Hayrapetyan

"Vallex" Group celebrates Miner's Day

Commandos: Levon Hayrapetyan's arrest is a result of hard work of Azerbaijani and Russian secret services

Ivan Kukhta: The government of Ukraine owns irrefutable evidence of separatists' blame for the crash of the Malaysian Boeing

According to the results of the first half of 2014, growth rates of Ameriabank's indices exceed average market level

ACBA-CREDIT ACRICOLE BANK and American Express have announced the launch of new card "The ACBA-CREDIT AGRICOLE BANK American Express® Cash Back Card"

No visa regime between Georgia and Armenia

Vahagn Hovnanyan: It is necessary to hold a protest action in front Russia's Embassy in Armenia to support Levon Hayrapetyan

Political expert: Growth of tension at the border is a regular ill-fated expression of complexes by Azerbaijan

James Warlick: The number of incidents and resulting deaths and injuries is also a setback in our efforts to work with parties to find a lasting peace

Lake Sevan is on the verge of environmental disaster

Life of the three persons injured in Kashatagh as a result of a landmine explosion is out of danger

EU welcomes ruling of Turkish Constitutional Court regarding investigation into the 2007 murder of Turkish- Armenian journalist Hrant Dink

Armavir mayor's car explodes in mine-studded territory of Kashatagh

Newspaper: Armenian oligarch's company worked in the shadow

Nagorno-Karabakh Police publish details of the case of Azeri saboteurs

Eastern Partnership countries cannot join European Union within the next 5 years

Expert: Decision to increase water release from Lake Sevan to 270 mln cu m is a shady transaction

RESO Insurance Company compensates for damage under hull insurance in 90.9% of cases

VTB Bank (Armenia) and Visa announce the launch of Summer with VTB campaign

Orange Foundation opens a Youth center in Chinari and a computer center in Zorakan in Tavush region

ICRC Yerevan Office holds negotiations to organize a meeting with Azeris detained in Armenian territory

Hakob Sanasaryan: Armenia has chosen the path of destroying its water resources

ICRC Yerevan Office maintains regular contacts with residents of borderline villages

Areximbank-Gazprombank Group's profit increases by 56.1% and capital grows to 21.9 bln AMD

Levon Ter-Petrosyan: the authorities of Armenia are going to replace the "carrot" of the PAP by the "stick"

Ankara has put forward a plan to form a free trade zone with the Customs Union

Ankara's wish to create free trade zone with Customs Union has a dim prospect for Armenia

Levon Ter-Petrosyan: The delay of Armenia's joining Eurasian Economic Union is conditioned by the demand of the EAEU to set a check point at the border to Nagornyy Karabakh

Levon Ter-Petrosyan: The reaction of the Armenian party at the Azerbaijani invasions is quite guarded and inadequate

Sharmazanov to Ter-Petrosyan: It is unacceptable to speculate the Karabakh issue for the political goals

The Golden Apricot Yerevan 11th International Film Festival has come to its end, the official website reports

Rostelecom services available in the center of Yerevan

Regional

Georgian Parliament Speaker to Visit Israel

Jury to Pass Verdict on Accomplices to Georgian General's Murderer in Moscow

Municipal Transport Drivers to Hold Protest Rally Throughout Georgia

The National Press Day

Saakashvili's Party States it is Important to Conduct the Second Round of Elections till July 19

Historical Changes Have Occurred in Georgia - President

Israeli Minister of Agriculture is Paying Official Visit to Georgia

Power Restrictions Imposed in Tbilisi since June 23, 2014

Ramadan begins on June 29

Azerbaijan's democratic forces calling for the Association with the EU

Georgian MFA Responds to U.S. Embassy's Statement, Connected with Incidents during Election Campaign

Georgian Ambassador Demands Explanations from Turkish MFA

Georgian Citizens Abroad not to Participate in Local Elections

Georgian President Delegates Prime Minister to Sign Associated Agreement

Georgian Leadership Welcomes Presidential Elections in Ukraine

We do not Need Saakashvili's Type Mediators in our Relations with Ukraine - Lavrov

Caucasian Muslims Department (CMD) opens an office in Iran, next will be Saudi Arabia

Poroshenko States he Has not Offered Georgian Ex-President Mikheil Saakashvili Adviser's Post

Russia not to Punish Georgia for Signing Associated Agreement with EU-Kosachev

James Appathurai Writes about Georgia in his Page in Facebook

Blogger Abdul Abilov sentenced to five and a half years

Vugar Aliyev committed to strengthening the responsibility of Internet resources

Civil society urges Aliyev to defend democracy

Most active holders of ACBA-Credit Agricole Bank's cards win trips to Europe

  • by Erik Abrahamyan

  • Friday, June 20, 21:46

ACBA-Credit Agricole Bank has summed up the results of its spring card campaign. Five most active cardholders have won seven-day trips for two to different cities in Europe. The winners were selected by the bank's customers on June 16.

The awards were granted on Friday by the bank's CEO Hakob Andreasyan, who wished the winners bon voyage. 
Narek Safaryan has won a trip to London, Armen Harutyunyan to Barcelona, Manuk Petrosyan, vahram Ter-Matevosyan and Levon Davtyan to Athens, Naples and Nice, respectively.

The campaign involved the bank's customers holding Visa, MasterCard, ArCa or Armenian Express cards, who carried out at least 20 transactions worth no less than 100,000 AMD in Mar-May 2014.

"Once again we have seen that to be ACBA-Credit Agricole Bank means not only benefit and security but also pleasure as we regularly appear with pleasant surprises and gifts," Andreasyan said, adding that the bank will continue holding such campaigns.

He said that his bank offers its customers different card products.  "We cooperate with all global payment systems, including American Express, whose exclusive partner we are. Some people think that AmEx cards are very expensive but they are. They are meant for different social groups and have all chances to become popular in Armenia. By the way, very soon we will appear with a surprise for our AmEx holders," Andreasyan said.
He told ArmInfo's correspondent that AmEx cards are issued in Armenia by ACBA-Credit Agricole Bank only but they are also serviced by the partner banks via the POS-terminal network. As regards the banks' preferences in the card market, he pointed out that the recent prevalence of the issue of international cards over the issue of local cards in Armenia can be explained by the fact that more and more young people are becoming customers of the banks. Furthermore, international cards are more convenient for making online payments and using in trips. In general, Andreasyan forecasts ACBA-Credit Agricole Bank's cards to grow to 180 thsd in 2014 and the amount of plastic transactions to rise by almost 20% due to the activeness of the current customers and involvement of new ones. 

According to the Analytical Review "Armenian Banks in Card Business" prepared by the Agency of Rating Marketing Information (ArmInfo), ACBA-Credit Agricole Bank is on the list of the TOP-5 banks in terms of total number of active cards - about 160 thsd cards, including over 90 thsd local ArCa cards, about 47 thsd international Visa cards and over 20 thsd MasterCards. Over 57% of the total number of active cards fall on salary projects. The Bank's active cards rose year over year by 15%, which was almost equally ensured by ArCa and Visa cards.  The Bank is among the TOP-3 by the number of its local cards, among the TOP-5 by the number of its international cards, and holds the second position by its salary cards. In terms of plastic transactions the Bank holds the second position with about 140 bln AMD in 2013 (15% year over year growth), with 115 bln AMD of this amount being ATM transactions. The Bank is in the lead in the number of ATMs and POS terminals (187 ATMs and 1210 own POS-terminals). ACBA-Credit Agricole Bank issues and services local ArCa cards and international Visa and MasterCards. The Bank has been an exclusive partner of AmEx for almost 4 years.

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