Tuesday, March 9 2010 18:21
Armeconombank restores leadership on plastic card market
ArmInfo. Armeconombank has restored its leadership on the plastic card market, reports the press service of the bank.
As of Mar 1 2010 the bank had issued 82,646 cards - 17.8% of the total number of cards issued by the ArCa member banks and 24.6% of local cards. Some 96,649 transactions worth 3,645,199,833 AMD were carried out by means of Armeconombank's bancomats and POS-terminals in Feb 2010.
In the last two years the leader on the plastic card market has been ACBA-Credit Agricole Bank. Armeconombank issues ArCas and MasterCards and is planning to join Visa International by the end of this year.
Feb 1 2010 there were 456,594 cards issued by the ArCA member banks - 30% more than Feb 1 2009.