ANELIK BANK ALLOWED TO PARTICIPATE IN FOREIGN PAYMENT AND SETTLEMENT SYSTEM OF INTERNATIONAL VISA CARD PAYMENTS

Noyan Tapan
Mar 29 2006

YEREVAN, MARCH 29, NOYAN TAPAN. At the March 28 meeting, the Central
Bank of Armenia (CBA) made a decision to grant the Anelik Bank CJSC a
permission to participate in the foreign payment and settlement system
of the international Visa card payments. According to the CBA press
service, a decision was also made to register and license the Nor
Horizon universal credit organization (44 Komitas St, Yerevan), the
FINCA universal credit organization (2a Agatangeghos St, Yerevan),
and the Aregak universal credit organization (42/1 Arami St,
Yerevan). The Armenian Express CJSC was granted a licence to make
money transfers. The Complex Service Firma LLC’s licence BA 0001 to
produce forms of secuirities was recognized as invalid.