Armenia Postal Service Joins Eurogiro

Panorama.am

20:18 27/04/2007

ARMENIAN POSTAL SERVICE JOINS EUROGIRO

Today HayPost signed the membership agreement for Eurogiro Network, through
which HayPost offices will be electronically connected to more than 60,000
post offices across Europe; the 50 million Postbank accountholders in Europe
will be able to send money in a reliable, fast manner and at low cost to any
of the 900 communities in Armenia. The Eurogiro membership also provides
high quality gateways to the U.S. banking system, and e.g. postal banks in
Brazil, Japan and China.

" The Eurogiro membership is a fundamental step towards the Postbank in
Armenia – it will fuel the competition in money transfers. Armenia’s rural
and remote communities will be able to receive their money literally around
the corner- without the need to travel a day to a bank branch in the city "
said Hans Boon, trust manager of HayPost. " Armenia is the first country of
the Commonwealth of Independent States that joins Eurogiro – we are very
happy with this expansion of Eurogiro’s network and welcome HayPost !"
commented Soren Rose, the Deputy Managing Director of Eurogiro Network. The
agreement was signed today in Switzerland, Berne at the headquarters of the
Swiss PostFinance, one of the leading members of Eurogiro.

Source: Panorama.am