ArmInfo.

ArmInfo.

ArmInfo.Ardshinbank has introduced new generation ATMs with the contactless reading service. For now, 44 ATMs of the bank are already new and equipped with the contactless reading module. 

ArmInfo.The banking system of Armenia in 2020 reduced tax deductions to the state treasury by 10.1% - to 49.1 billion drams ($ 93.9 million). Of this amount, 87.2%  or 42.8 billion drams were paid under direct taxes, with a y-o-y  decline of 17%.

ArmInfo.

ArmInfo. Ardshinbank was recognized by the VISA international payment system as the largest Issuer of its cards in Armenia and was awarded as the "Largest Visa Issuer in Armenia 2020."

ArmInfo.Ardshinbank has significantly reduced the tariff for SWIFT transfers to the Russian Federation for individual clients in Russian rubles. Regardless of the transfer amount, the new tariff is only 2500 AMD instead of the previous one which was 5000-30,000 AMD.

ArmInfo.This year, Ardshinbank has given up on the tradition of purchasing New Year gifts and has donated all the saved funds to war-affected Artsakh.

ArmInfo.Ardshinbank signed $ 20 million loan facility from Luxembourg-based funds managed by responsAbility Investments AG. The funds will be used to increase the loan portfolio of the bank and, in particular, to support small and medium-sized enterprises.

ArmInfo. Finally we will have a primordially Armenian national telecom operator, owned by the citizens of Armenia are speaking. Co-founder of the new  lecommunications company Team Telecom, one of the owners of VEON  Armenia Hayk Yesayan stated this at a press conference on December 3.

ArmInfo.

ArmInfo. In the annual rating of the most reliable banks in the world by the well-known American magazine Global Finance, for the fourth year in a row, Ardshinbank is  recognized as the most reliable bank in Armenia.

ArmInfo.

ArmInfo.The promotion campaign took place from June 10 to August 10, 2020 and boosted great interest among Ardshinbank cardholders.The prizes were certificates of health insurance and for health services.

ArmInfo.International fast money transfer systems allow you to receive and send transfers to different countries of the world in a simple, quick manner, without the need to have a bank account. The clients of Ardshinbank can receive money sent through fast money transfer systems without visiting the bank: the money will be directly transferred to their card or current account.

ArmInfo. On September 4, a  corporate Eurobond trade was executed on AMX's corporate bonds  platform for the first time in the history of Armenian exchange  market (the value of trade - US 600,000). As the AMX press service  told ArmInfo, Ardshinbank CJSC's Eurobonds (XS2080321198), issued in  foreign capital market by "Dilijan Finance B.V.", are listed on  Armenia Securities Exchange.  USD 300 mln Eurobonds were issued with  a 5-year maturity period and 6.5% annual coupon rate, with the  minimum lot size of USD 200000.  

ArmInfo.Ardshinbank on September 1 of this year will put up for sale a tranche of registered, coupon, non-documentary AMD bonds in the amount of 3  billion, the initial placement of which is expected to be completed  on November 6.

ArmInfo.Ardshinbank has received three awards at the "Asian Banking & Finance Retail Banking Awards 2020”. More than 100 exceptional banks from 30 countries were awarded in this year. Ardshinbank was awarded in the field of retail banking as “Domestic Retail Bank of the Year”, “Digital Banking Initiative of the Year”, “Online Banking Initiative of the Year”.

ArmInfo. In Armenia, the share of  non-cash card transactions remained at the level of 30% in the total  volume of plastic transactions by July 1, 2020. But the y-o-y growth  in the volume of non-cash card transactions slowed down from last  year's 48% to the current 38%, amounting by the results of the first  half of this year to 351 billion drams ($ 728 million). The  preservation of the share, despite the slowdown in volumes, is due to  the activity of Internet commerce, the popularization of mobile and  web applications by banks and Armenian Card, and such effective  measures to encourage non-cash transactions as CashBack. According to  the data of the Central Bank of the Republic of Armenia, five years  earlier (H1 of 2015), the share of non-cash transactions in the total  volume of plastic transactions was 12%, and by July 1, 2019 it had  reached 24%.

ArmInfo. In the H1 of 2020, the  banking system of Armenia allocated 26.7 billion drams or $ 55.4  million to the state treasury through taxes, which is 9.2% lower than  the indicator a year ago. Of this amount, over 86.5% or 23.1 billion  drams was paid under direct taxes (including income tax and tax on  profits), with a y-o-y  decline of 17.5%. According to the data of  the RA State Revenue Committee, in the total volume of payments of  1000 large taxpayers in Armenia, the share of 17 banks is 5.4%.