Friday, November 29 2013 13:45

Areximbank-GPB Group offers Habib Bank LTD cheques for half-price


ArmInfo. Areximbank-GPB Group CJSC has reduced the price of the Habib Bank LTD cheques from 7,000 drams to 4,000 drams for a period from 1 Dec 2013 up to 31 Jan 2014, the bank's press-service told ArmInfo.


To recall, Areximbank-Gazprombank Group offers businessmen and tourists traveling to the United Arab Emirates to obtain bank cheques in UAE dirhams (AED). As press-service of the bank reported, the cheques were issued by HABIB BANK LTD in the name of Areximbank-Gazprombank Group.

The bank cheques are issued based on the rate of 3.66 AED per USD with maximum amount of a cheque being 40,000 AED (nearly $11,000).

Maximum total amount of cheques issued in the name of a person is equal to 50,000 USD. Cheque holders may cash cheques in any branch of HABIB BANK LTD, with no additional commission fee required.


The bank also offers its clients cheques in USD issued by Deutsche Bank Trust Company Americas in the name of Areximbank- Gazprombank Group.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. The bank is fully owned by Russian Gazprombank.
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