Newsfeed

Stepanavan Airport will be Ready for Operation by the End of 2015

Matenadaran to Digitize Ancient Manuscripts and Documents with Beeline Support

Zhirayr Sefilyan: Founding Parliament to rally on May 30

Sergey Lavrov: Karabakh conflict settlement among Russia's foreign political priorities

Anti-corruption measures in education fail to give tangible results

European Conservatives & Reformists Group to hold its next enlarged meeting in Armenia

VivaCell-MTS reports 2.1 million subscribers for Q1 2015 - 60% of total market

Minister: Inspections at ex-PAP leader's enterprises are still going on

Citizens of Armenia, Belarus and Kazakhstan have the right to receive insurance benefits along with Russians

Baku: Azerbaijan expects EU to ensure implementation of UN Security Council resolutions

Alliance Party comes out with public statement on crimes committed by Electric Networks of Armenia

EOC President: Presence of Armenia at inaugural European Games in Baku demonstrates how sport can give a lead to politicians

Elmar Mammadyarov: Azerbaijan will settle Nagorno Karabakh conflict in any case

Edward Nalbandian on Riga Summit: Armenia's Expectations Delivered

Aliyev: Azerbaijan Aspires to Resolve the Armenian-Azerbaijani Conflict over Nagorno-Karabakh in Accordance with International Law

Armed forces of Azerbaijan fired over 3,500 shots at Karabakh positions on May 17-23

Azeraijan's vetoing the Riga Summit declaration was a senseless and shortsighted step, Martin Schulz says

Russia and Azerbaijan to Discuss Settlement of Nagorno-Karabakh Conflict

Edward Nalbandian: Azerbaijan again Left Isolated in Respect of Support to the Mediation Efforts by the Co- Chairs of the Minsk Group

Armenian National Congress calls on the citizens to join the campaign against rising energy costs on May 27

Armenia's simultaneous cooperation with NATO and CSTO creates no problems, a German official says

Orange Foundation continues community development projects in Syunik region

"Rusastanyan 20" and "Rusastanyan 35" Beeline services available for postpaid subscribers

American Congressman: Menace of Terrorism and Radical Islam might Unite Armenians and Azerbaijani

Diplomatic source: Final declaration of Riga summit should be a consensus document that would refer to the views of Armenia and Belarus

"No to Robbery" to hold a motor rally on May 23

Belgian prime minister says Armenian Genocide did happen and no one in Belgium thinks differently about it

VTB Bank (Armenia) offers "Super-rate" offer - conscientious borrowers regain 10% of the loan interest paid

"Eastern Partnership" Declaration Unanimously Adopted with only UN Countries Endorsing the Wording on "Annexation of Crimea"

Latvian FM says Armenia and Azerbaijan can claim visa liberalization with EU, if they meet all the necessary requirements

European Commissioner: Cross-border cooperation between Armenia and Azerbaijan to open up new opportunities for Karabakh conflict settlement

OSCE Planned Monitoring: Azerbaijan fails to lead monitoring mission to frontline

William Lahue: NATO's Cooperation with Partners not Against Russia's Interests

ESCAP Forecasts 0.9% Growth of Armenia's Economy and 4.7% of Inflation

President of Armenia: Nagorno Karabakh has no relation whatsoever to Azerbaijan's territorial integrity

Conditioned by Wording on Artsakh Azerbaijan Refused to Sign "Eastern Partnership" Declaration

Ara Nranyan stresses the need to avoid unreasonable stimulation of import and regressive closure of markets

The Number of Operating Air Carriers in Armenia Decreased from 35 to 27 since the "Open Skies" Policy Implementation

30 people interrogated under case of attempted assassination of Syunik Governor

Edward Sharmazanov: Genocide of Armenians, Pontics and Assyrians is a Disgraceful Page of Human History

Armenian-German Forum has been Launched in Bundestag

Ashot Ghulyan Re-elected as Speaker pf Artsakh Parliament

South Caucasus Railway launches sale of Yerevan-Batumi-Yerevan tickets

Businessman Tigran Karapetyan to Bring Suit against Adviser to Syunik Governor for Slander

Azerbaijan Trying to Hinder the NATO Seminar in Yerevan

Armenian Government Endorsing a Draft Document with Microsoft

German Chancellor says Germany respects Armenia's point-of-view

Human rights defender: To fight tortures of suspects, legislative reform is needed in Armenia

Polish MP says friendly relations with Armenia have always been important to Poland

Oppositionist slams Prosecutor General for concealing Syunik Governor's crimes

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.

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
Most commented