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ASHIB awarded MoneyGram certificate as Armenia's most reliable bank

PanARMENIAN.Net - Ardshininvestbank CJSC (ASHIB) has been awarded a certificate by MoneyGram international money transfer system, as the most reliable bank of Armenia, the bank's press office reported. ASHIB cooperates with MoneyGram since its establishment, and jointly with MoneyGram offered its clients various discounts. 



According to ASHIB chairman Nerses Karamanukyan, the certificate awarded by MoneyGram system obliges ASHIB to remain a reliable bank not only for foreign partners, but also for all customers. 



Ardshininvestbank CJSC was registered by the decision of the RA Central Bank Board in 2003. It operates through  Contact, MoneyGram, Migom, IntelExpress, RIA, and Express Mail systems. ASHIB has 49 branches in Armenia , 6 branches in NKR and an office in Paris. Moody international rating agency  assigned to ASHIB a long-term ratings Ba2 and short-term Not Prime for short-term deposit in local currency, long-term ratings Ba3 and short-term Not Prime for deposits in foreign currency, as well as the financial strength rating BFSR "D". In 2008, the bank was awarded the International Quality Management System Certificate ISO 9001: 2000. 



The bank is a member of Armenian Bank Union, Armenian-Georgian Business Cooperation Association, ArCa payment system, Armenian fund exchange self-regulating organization, the Union of Armenian mortgage market and affiliated member of MasterCard/Europay international payment system.



MoneyGram international money transfer system is one of the leading money transfer systems throughout the world. The system has 186 000 service points in about 190 countries.
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