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Areximbank-Gazprombank Group To Carry Out International Money Transf

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  • Areximbank-Gazprombank Group To Carry Out International Money Transf

    AREXIMBANK-GAZPROMBANK GROUP TO CARRY OUT INTERNATIONAL MONEY TRANSFERS VIA RIA MONEY TRANSFER
    by Gayane Isahakyan

    ARMINFO
    Wednesday, August 7, 17:32

    Areximbank -Gazprombank Group has received the permit of the Central
    Bank of Armenia to carry out international money transfers via Ria
    Money Transfer (USA). The press service of Areximbank-GPB Group has
    told ArmInfo that money is transferred to both the CIS and different
    foreign countries. The money is transferred in US dollars and euros.

    Areximbank-GPB Group also carries out international money transfers via
    MoneyGram, Anelik, Bystraya Pochta, UNIStream, Avers, IntelExpress,
    Coinstar Money Transfer, as well as Gazprom Express transfers from
    Russia to Armenia without opening any account.

    In Q1 2013 Areximbank-GPB Group fixed 4-fold growth in individuals'
    transfers as compared to Q1 2012. The transfers amounted to $30,804
    mln, and their quantity grew by 12,485, or by 19% to 64,765 in Q1
    2013 versus Q1 2012.

    To note, in November 2007 Gazprombank acquired 80% of Areximbank's
    shares. In July 2008 Gazprombank's stake increased to 94.15%, and in
    September 2008 Gazprombank bought the remaining 5.85% from Raiffeisen
    Bank and became the sole owner of Areximbank- Gazprombank Group CJSC.




    From: A. Papazian
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