Ardshininvestbank lowers tariffs to CIS states via Contact systemJuly 18, 2009 - 15:16 AMT PanARMENIAN.Net - Ardshininvestbank has lowered tariffs for money transfer to CIS countries via Contact system. Transfer rates have decreased by 3-2%, the bank's press service reports. Contact system of money transfers operates in 86 countries, having a total number of 30 thousand service branches.In compliance with international system of money transfers, Ardshininvestbank periodically conducts actions with the aim of increasing money transfer volumes, says the bank's release. According to first quarter results of the current year, private money transfers have increased by 16%, comprising $ 61.5 million, Besides, the volumes of private transfers are expected to make up $ 180 million by the end of 2009. Ardshininvestbank carries out transfers via RIA international money transfer system. It currently transfers amounts via IntelExpress, Contact, MoneyGram. Migom and Quick Mail systems. In that sphere, the bank cooperates with Russian Promsvyazbank, Socgorbank, Fora a bank and Sberbank. 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. |