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Prime minister: Supply of Russian weaponry to Armenia launched

Serzh Sargsyan and Seyran Ohanyan to discuss Karabakh problem in presidential residence tonight

Two-fold growth of loan restructuring applications registered in VTB Bank (Armenia)

Head of Armament Unit of Armenia's Armed Forces dismissed

Sharmazanov: Genocide of Christians in Ottoman Turkey, IS actions and Azerbaijani aggression have same handwriting

Ex-president of Armenia included in list of candidates for election to the new Board of Directors of JSFC Sistema

Mammadyarov: Status quo in Karabakh conflict may lead to severe military clashes

Trial over case of the cardboard tank that "crashed" into NSS building is still going on

Tatoul Manaseryan: Top power branches have a great number of caterpillars

Штормовой ветер срывал крыши домов и не на шутку напугал жителей Еревана

Armenian President attends ceremony of unveiling of Memorial to Marshal Hamazasp Babajanian

Bostanjyan calls for reducing all expenses having no crucial significance to state

OSCE PA Special Representative for South Caucasus arrives in Armenia

Seyran Ohanyan: Territories lost during April war were part of Artsakh

Armenian Defense Ministry responds to media reports about dismissal of commander of Mataghis regiment

Greek Defense Minister: Nagorno Karabakh conflict should be settled exclusively through peaceful means

Armenia and China discuss issue to boost cooperation

Baku trying to shift responsibility for April flare up in Karabakh onto Armenian side

Azerbaijani armed forces fire at Azerbaijani-Armenian border

Vice Speaker of Armenian Parliament: Due to parity in international statements on Karabakh problem, the peace process has been going round in a circle for nearly 20 years

Criminal case over embezzlement at ENA CJSC sent to court with a crime sheet

On May 21 as many as 112 museums of Armenia to open their doors to visitors from 6 pm till midnight

Average life expectancy for Armenia is 74.8 years, according to World Health Statistics: Monitoring Health for the SDGs

Samvel Farmanyan: Agramunt is not the politician to have any influence on Karabakh conflict settlement

Lydian International: financing package of Amulsar program is approved. Construction will launch in upcoming months

Serzh Sargsyan: April war has once again proved unity of our nation in its pursuit of liberty and protection of independence

Azerbaijan breached ceasefire agreement using various small arms

ACBA Leasing participates in "Week of Economic Capacities" as financial partner

Bako Sahakyan addressed to participants of 2nd forum of Armenian Political Parties launched in Stepanakert

Stepanakert rejects Baku's accusations of alleged use of prohibited shells with white phosphorus

EEU Prime Ministers agreed on establishing common market of petroleum and petroleum products and terms of adopting new common customs code

Armenian president presented to EEU prime ministers latest developments around Nagorno-Karabakh problem

Parliamentary opposition is skeptical about Armenian Prime Minister's intention to fight corruption

Loss of 800 hectares by Armenian side causes stormy debates at Armenian Parliament

Zhirayr Sefilyan says he is ready to assume authority for restoring Karabakh's territorial integrity by force

Dmitry Medvedev: My second visit to Armenia within a month speaks of the high level of the allied relations of Yerevan and Moscow

Beeline Communication Museum to join Museum Night event

Russian foreign ministry: Sargsyan and Putin will probably meet in Astana on May 31

Inhabitants of Garni and Goght demand from Hovik Abrahamyan and Ishkhan Zakaryan to cancel construction of irrigation systems designed for their own needs

PACE Chair: "All conflicts must be solved within the territorial integrity of the countries"

EEU Summit of Prime Ministers due to commence in Yerevan

Nagorno Karabakh disclaims Azerbaijan's allegations

Analyst: Baku got green light to unleash April aggression basing on principle "take whatever you can, we will not allow your defeat"

Azerbaijan and Russia discuss joint project in engineering field

Analyst: Lack of conclusions from the changes in Karabakh situation triggers concern

ACBA-Credit Agricole Bank and NABU: Names of four winners of "Certification of Organic Agricultural Product" contest are known

Analyst: There are factors making authorities act contrary to Armenia's interests

Canosa, Italy, recognizes Armenian Genocide

Seyran Ohanyan: Creation of atmosphere of confidence is a key to success in any dispute

Diplomat: After Formula-1 race in Baku, situation in Karabakh conflict zone will grow tense again

Regional

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

  • by Erik Abrahamyan

  • Saturday, June 21, 02:46

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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