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Orientalist: German Bundestag's recognition of the Armenian Genocide is logical continuation of Pope Francis' statement during the mass in 2015

Seyran Ohanyan: Army leadership knows what and where to plan

MP: Ratification of agreement on Joint Air Defense will affect Armenia's independence

Russian Ministry of Emergency Situations to evacuate Armenian citizens trapped on Upper Lars checkpoint

Naira Zohrabyan. Joint Air Defense system will upgrade security of Armenia's airspace

Batu Kutelia: Warsaw Summit will give definite political and military answers to Russia’s attempted aggressive revisionism

Azerbaijani armed forces use DShK heavy machine gun on Line of Contact

Foreign Ministry: There are no citizens of Armenia among victims of explosion at Istanbul airport

Eduard Sharmazanov: Russia and Turkey will remain rivals and competitors

Zakharova about Karabakh peace process: There are issues that should be hushed up

Naira Zohrabyan to Serzh Sargsyan: Prosperous Armenia Party will win in upcoming parliamentary elections

Masis Mailyan : Baku intends to continue its "military diplomacy" with impunity

Deputy minister: Creation of a joint air defense system with Russia will only strengthen combat ability of Armenian armed forces

South Caucasus Railway CJSC sets car to auction

Beeline improves Smart tariff plans

Armenian political forces express different opinions about influence of possible Moscow-Ankara normalization on Armenia

Areximbank-Gazprombank Group offers 50% discount for renting safe deposits boxes during summer holidays

Sergey Lavrov to travel to Yerevan

Ban Ki-moon: UN concerned over violations of ceasefire in Karbakh conflict zone

Defense sure Zhirayr Sefulyan's arrest is a political order

Sharmazanov explains Serzh Sargsyan's interview: If Armenia's citizens are reluctant to vote for RPA, no one will make them do it

Rostelecom holds two seminars on sidelines of Hartak Festival

Paul Stronski: Yerevan’s security alliance with Moscow will not impede Armenia’s good ties with NATO

Armenian President: Armenia expects wider recognition of Genocide after German vote and pope's remarks

Nikol Pashinyan: Consensus on Electoral Code is ridiculous

Turkey's foreign ministry reacts to Pope Francis' visit to Armenia

By beginning of tourism season Areximbank-Gazprombank Group offers significant discounts of premium class chip cards

Geoteam CJSC is sure that mining industry is compatible with agriculture and small business

UNICEF Armenia launches a breast feeding campaign in Armenia

Activist hits parliamentarian Hrant Bagratyan during picket in front of Parliament against Joint Air Defense system with Russia

Ankara: Turkey wants speedy settlement of Nagorno-Karabakh conflict, which will meet all requirements of Azerbaijan

Turkologist: Ankara has used up all its possibilities to deny Armenian Genocide

Heritage Party: Joint Air Defense with Russia is an attempt to surrender the last elements of Armenia's sovereignty

David Harutyunyan: Next conference of donors will take place in Yerevan on June 29

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

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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