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Eduard Sharmazanov: Ter-Petrosyan's stories were the most juicy part of the Friday opposition rally

Russian Ambassador: Armenia's accession to Eurasian Economic Union was a wise strategic decision

Armenian Foreign Minster says Baku seeks to fail the Karabakh negotiations with its efforts to change their format

Exposition of "Open Game" Championship of Computer and Mobile Games to take place on the 26th of October

French parliamentarian Valerie Boyer introduces new bill criminalizing genocide denial

Beeline and Cafesjian Center for the Arts launch two free of charge education programs

In Jan-Sept 2014 Areximbank-Gazprombank Group registered 63% growth in foreign exchange transfers through SWIFT

Levon Ter-Petrosyan: In Eurasian Economic Union Armenia will not be less sovereign than Russia, Kazakhstan or Belarus

Gagik Tsarukyan says his Party may demand power change

Levon Ter-Petrosyan: Armenia is experiencing a strong wave that seeks change of power and has all chances to succeed

Opposition four parties marching along Yerevan streets

Raffi Hovannisian: There will be a legal revolution in Armenia

Aram Manukyan: Armenian people seeks to govern the country

Expert: Only Azerbaijan gains from Serzh Sargsyan's policy

Vartan Oskanian: The system can be broken only through a power change

NASDAQ OMX Armenia provides ArmSwissBank with a status of market maker of National Mortgage Company's bonds

Chief of Russia's Federal Customs Service: Russia is not going to interfere in customs activities on Armenian-Nagorno-Karabakh border

Sharmazanov: Nobody, even if he wants very much, can name at least one fact which is evidence of incapability of the Armenian authorities

Oppositionist: Opposition's task during its rallies is to make best of people's resolution to change ruling regime

A member of the parliament from ARFD wishes success to the opposition three

RPA member: The opposition three is unpredictable

VivaCell-MTS has invested 55 million AMD for the housing project in the borderland villages of Armenia and Fuller Center for Housing Armenia has undertaken the implementation of the project

Head of Russian Federal Customs Service: Russia does not intend to interfere in customs officers' activities on border between Armenia and Karabakh

Serzh Sargsyan's message to Washington: We believe that the whole of mankind should be consistent in the recognition, condemnation and exclusion of denialism of genocides

CJSC Armenian Copper Programme reduces blister copper production 9,8% for nine months of 2014

Ex-governor of Vayots Dzor, Edgar Ghazaryan - an ambassador to Poland

Sargsyan-Aliyev-Hollande meeting to take place on 27 October

Serzh Sargsyan: Germany is Armenia's vital partner and a friendly country

Edward Sharmazanov: The breakthrough in the Karabakh process depends on the position of Baku

OSCE MG Co-chairs share expectations from upcoming meeting of Azerbaijani and Armenian Presidents in Paris

Former premier of Armenia calls on the government to change methodology of GDP calculation

Parliament member: A draft law has been submitted to the parliament that has nothing in common with residents of the bordering communities

Expert: Deposits with radioactive elements in a scattered state are being developed in Armenia

Parliamentarian: On 2 Jan 2015, Armenia will find itself in quite new economic environment, something that Government is absolutely not ready for

Governor of Armenia's Vayots Dzor Region relieved of his duties upon his own request

Environmentalists to protest against shooting of wolves

Armenian MP: Armenia has crossed the red line of economic security

"Grozniy-Avia" airline to launch Simferopol-Yerevan flight

Beeline launches "Unlimited Internet Super" service

ACBA-CREDIT AGRICOLE BANK opens new branch in Yerevan

Tigran Khzmalyan: Armenia has linked its Noah's Arc to Russia's sinking Titanik that is still selling tickets

Irina Kamkhadze: We see no downward tendency of Visa growth rates in Armenian market

VTB Bank (Armenia) Visa cardholder becomes winner of Summer with VTB campaign and gets a vacation package to Malta for two persons

Delegation of IFC and EBRD visits Amulsar Gold Project site

Oppositionist: The case with ASALA veteran demonstrates state terrorism in Armenia

Armenia's Health Care Ministry organizes a training course to assess local doctors' readiness for Ebola

Naira Zohrabyan: There is no sector in Armenia where human rights are not breached

Speaker of the Armenian parliament agrees to the idea that there are numerous unsettled conceptual problems in the republic

Gabor Brodi: Armenia must not choose between European Union and its neighbors in the region

A delegation of South Caucasus Railway to attend 61st meeting of CIS Rail Transport Council in Baku

Ameriabank intends to increase its card portfolio by 30% by yearend 2014

  • by Gayane Isahakyan

  • Wednesday, July 2, 20:21

 Ameriabank intends to increase its card portfolio by 30% by the yearend 2014, Mr. Arman Barseghyan, Retail Banking Director at Ameriabank, said at a press conference on Wednesday. 

"Card business development is a priority of the Bank. We have created very convenient service conditions for our customers. From now on they can make use of the 24/7 card service system from any point of the planet by dialing the round-the-clock 561111 number", said Barseghyan. He added that the customers can also make money transfers from the card accounts and make use of the Online Ameriabank service.

For his part, Mr. Tigran Jrbashyan, Development Director at Ameriabank, said that the peculiarity of Ameriabank's card business is that the Bank's customers mostly focus on non-cash payments. "The Bank holds no leading position by the number of issued cards but it is in the lead in the amount of non-cash plastic transactions", said Jrbashyan. 

In the first half of 2014 the number of cards rose by 50% and the amount of non-cash plastic transactions grew by 40% as compared with the first half of 2013.  
According to the Analytical Review "Armenian Banks in Card Business" prepared by the Agency of Rating Marketing Information (ArmInfo), Ameriabank is among the top 10 by the number of its active cards - over 55 thsd cards as of 1 April 2014 (almost 40% year-over-year growth), including nearly 36 thsd VISA, about 12 thsd local ArCa, and over 7 thsd MasterCards. As compared with the same period of 2013, the Bank increased the number of local cards almost 2-fold, and the number of VISA cards by almost 33%. The share of payroll cards was 39% (58% year-over-year growth) of the total active cards of the Bank. The Bank is also among the top 10 by the amount of its plastic transactions (nearly 78 bln in 2013, 6.6% year-over-year growth). Ameriabank holds the third position by the number of its own POS terminals (651) and is among the top 5 by the number of its ATMs (98). Most of the ATMs (73) are in Yerevan (2nd position in the banking system). The Bank has come close to the top 5 by the amount of funds on the credit cards (including overdrafts) with 10.5 bln AMD (40% year-over-year growth). Along with local ArCa cards, the Bank issues and services international VISA and MasterCards. 

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