March 3, 2011 - 13:45 AMT
Areximbank-Gazprombank group to increase plastic cards number by 10,000 in 2011

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.