Friday, February 8 2019 14:36

ArmInfo. Ardshinbank offers a new type of international bank transfer - Card2Card service. According to the press service of the bank, the new service, which is  available 24/7, is a transfer from card to card both in Armenia and  abroad.

To make a transfer, one should visit the Ardshinbank website, fill in  the required fields in the "Card2Card service" section and make a  transfer. The amount is credited to the card of the recipient and  becomes available in minutes anywhere in the world. Transfers can be  made in drams, dollars, euros and Russian rubles through Ar‘a, Visa  and MasterCard cards using the 3D Secure security system.

More detailed information about the Card2Card service can be found at  https://goo.gl/iLtRCg or by calling the 24-hour number (012) 222222.

According to the "Armenian Banks in the Card Business" analytical  review prepared by ArmInfo, Ardshinbank is in the TOP-5 by the total  number of active cards - over 194 thousand as of October 1, 2018,  with the second position held by the number of Visa and MasterCard  cards - 120 thousand and 68.2 thousand, respectively. In y-o-y terms,  the bank increased the total number of cards by 12.8%. In terms of  the volume of plastic transactions, Ardshinbank, remains in the  TOP-5, moving from the 5th to the 4th position -167.2 billion drams  for 9 months of 2018 with an increase of 62.9% per annum. By the  number of ATMs and the volume of ATM transactions, the bank has  entered the TOP-3 - 150 ATM, the volume for 9 months of 2018 - 151.1  billion drams (y-o-y growth of 55.5%). Ardshinbank was one of the  first to launch the release of Ar‘a-MIR co-badging cards. The bank,  along with issuing and servicing local Ar‘a cards, issues and  services international Visa and MasterCard cards.

To note, Ardshinbank was founded in 2003. The major shareholders of  Ardshinbank as of October 1, 2018 are Arins Group LLC (former Center  for Business Investment LLC) with 67.97% share in the capital and  REGION Industrial Finance Corporation CJSC - 29.52%. Ardshinbank is  the second largest bank in Armenia, having one of the largest branch  networks, consisting of 64 subdivisions. Ardshinbank is the only  private institution in Armenia that has been assigned ratings by two  international rating agencies (Moody's and Fitch), equal to the  country rating of Armenia.