Friday, February 19 2010 21:50
New "Utility Payments" Service from ProCredit Bank to Everyone
ArmInfo.ProCredit Bank has launched a united system of "Utility Payments". Now all those who live and work in the neighbourhood of ProCredit Bank can visit the nearest branch of the Bank and pay the monthly utility bills. The service is successfully functioning in all the branches of ProCredit Bank and the customers can pay the bills for gas consumption, electricity and water consumption, landlines and mobile telecommunications. The payment is accepted both in cash and non-cash form from a bank account, without commissions.
ProCredit Bank launched its activity in Armenia in February 5, 2008. ProCredit Bank is a full-service bank with a 100% foreign capital, focused on lending to small and medium sized enterprises and offering a full scale of banking services to private individuals and legal entities. Another important area of ProCredit Bank's focus is to promote savings culture among the population, by starting even from small amounts. ProCredit Bank in Armenia is a member of ProCredit Group, consisting of 22 financial institutions operating in Eastern Europe, Africa and Latin America, which are governed by ProCredit Holding AG located in Frankfurt am Main, Germany.
Founders of ProCredit Bank are such well-known international organizations as: ProCredit Holding AG - 67.50%, shares EBRD - 16.67%, shares KfW - 15.83% shares.
Since February 2008 the Bank is serving more than 9800 clients including non-loan clients and has an outstanding loan portfolio of about USD 32.4 mln and deposit portfolio around USD 17.6 mln.