ProCredit Bank to introduce Coinstar Money Transfer system

ProCredit Bank to introduce Coinstar Money Transfer system

PanARMENIAN.Net - During the April 13 sitting, the Armenian Central Bank allowed ProCredit Bank to participate in implementation of money transfers through Coinstar Money Transfer system, the press service of the RA Central Bank reported.

Coinstar Money Transfer system allows implementing money transfers in US dollars and euros to 118 countries.

ProCredit Bank has launched its activity in Armenia since February 5, 2008. ProCredit Bank in Armenia is a member of ProCredit Holding, consisting of 22 financial institutions worldwide.

ProCredit Bank shareholders are as follows: ProCredit Holding AG - 67.50% shares, EBRD - 16.67% shares and KfW - 15.83 % shares.

 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
---