TOTAL TURNOVER OF MONEY TRANSFERS VIA 'HAYPOST' NETWORK AMOUNTED TO 1,7 BLN AMD IN JANUARY-JULY 2008

arminfo
2008-09-01 07:33:00

ArmInfo. The total turnover of money transfers via "HayPost" network
amounted to 1,7 bln AMD in January-July 2008, Director General of
the Armenian National post operator, HayPost CJSC, Hans Boon told
ArmInfo correspondent.

According to him, the internal money transfers of the Armenian state
post operator in 2007 amounted to 10,5 bln AMD. In January - July
2008 internal transfers came to 250 mln AMD. International transfer
turnover in 2007 totalled 2, 6 bln AMD, in January - July 2008 it came
to 1,45 bln AMD. Boon said that the pilot mode of exercising money
transfer system "Blizko" in cooperation with Russian "Svyazbank"
has been successful. To recall, agreement has been reached during
the conference of CIS postal operators in Yerevan in June. According
the agreement, the "Blizko" tranfer system becomes available through
HayPost network, presently on a basis of a pilot program.

Mr. Boon added that one cannot neglect the key role that Armenian
post operator plays for rural inhabitants, who often have Haypost
as the only available operator of cash transactions. "We are going
to ensure our position establishing Postbank", said H. Boon. Haypost
has also strong capacity, noted H. Boon, to cooperate with commercial
banks outside Armenia.

"We have a worldwide span of corresponding banks. That means we
can afford a larger geographical penetration in money transactions,
especially to remote destinations. And there's always cooperation
between post operators, with an exceedingly high coverage. Say, if
you wish to operate a money transfer to Buenos Aires, you won't waste
time and space through a chain of banks and countries. The transfer
can be easily accomplished via post", underscored H. Boon.