Monday, May 24 2010 14:58

ProCredit Bank Makes MoneyTransfers through Coinstar and BLiZKO Systems


ArmInfo. ProCredit Bank has joined international transfer systems Coinstar and BLiZKO. These systems enable private individuals to make transfers in a fast and reliable manner without opening a banking account. Coinstar system is tailored to make US Dollar and EURO transfers in over 140 countries around the world, whereas BLiZKO system can be used for Russian Ruble, US Dollar and EURO transfers among CIS countries, ProCredit Bank told ArmInfo.

Due to having a wide chain of service points, Coinstar and BLiZKO systems are very popular around the world. It is worth mentioning that the sums transferred by these systems can reach the receivers instantly after making a transaction. In addition, ProCredit Bank offers the most favorable fast money transfer services at the lowest prices.

To meet customer needs of those living and working in the neighbourhood ProCredit Bank has replenished the range of its affordable and high quality services, thus, staying true to "Neighbourhood Bank" concept.

ProCredit Bank launched its activity in Armenia on February 5, 2008. ProCredit Bank is a full-fledged bank with a 100% foreign capital, focused on offering high-quality banking services to small and medium sized enterprises and private individuals. The bank serves over 10300 clients. The credit portfolio of the banks amounts to nearly $35.4mn, and the deposits - $20.4mn. The Bank serves 8 branched (5 in Yerevan and 3 in regions).

ProCredit Bank in Armenia is a member of ProCredit Group, consisting of 21 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
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