Areximbank-Gazprombank group to increase plastic cards number by 10,000 in 2011March 3, 2011 - 13:45 AMT PanARMENIAN.Net - The board of ArCa payment system made a decision to provide Areximbank-Gazprombank Group CJSC with a license on issuance of ArCa local cards. The bank is going to solve technical matters jointly with ArCa system to launch the cards issuance soon.It also plans to actively participate in pensions’ provision via plastic cards, including ArCa cards. Thus, according to experts, the number of cards issued by the bank will grow by at least 8-10,000 in 2011. 30.6% growth was recorded in the payment cards issued by Areximbank-Gazprombank Group in 2010, bringing them to 75,315. Besides, 45.75% increase was recorded in operations with the bank cards. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |