"ARARATBANK" BECAME THE DIRECT REPRESENTATIVE OF WESTERN UNION IN ARMENIA

Mediamax Agency, Armenia
Oct 29 2007

/Mediamax/. "ARARATBANK" became the direct representative of Western
Union in Armenia. As Mediamax was told in the press service of the
bank, within the framework of the agreement concluded, "ARARATBANK"
gained the opportunity of attaching the territorial subdivisions
of banks and partner-organizations to the Western Union system. To
organize the work in the Western Union system, "ARARATBANK" will
provide the necessary program support, instructions, advertisement
and methodological materials.

"ARARATBANK" has also gained the right of organizing training for
employees of banks and partner-organizations for working with the
use of the Western Union system, providing consulting assistance and
instructions on the Western Union program system. "ARARATBANK" will
also render necessary assistance for organizing the service points
of Western Union in Armenia.