MONEY TRANSFER TURNOVER OF UNIBANK THROUGH UNISTREAM EXCEEDS $801MLN IN 2008

ARKA
Jan 19, 2009

YEREVAN, January 19. /ARKA/. In 2008 the turnover of money transfers
of Unibank CJSC through Unistream payment system exceeded $801mln,
the bank’s press-service told ARKA News Agency. The system’s share
in Armenia’s money transfer market is over 50%.

In Armenia Unistream works through its exclusive partner Unibank which
introduces the system in 2001. Unistream is introduced in 90 countries.

Unibank was founded in 2001. It is co-owned by the Uniastrum
Asset Management Ltd (50%) and the resident company Evainvest Ltd
(50%). Unibank has 30 branches.

According to the information at ARKA’s disposal, the bank’s turnover
in Unistream payment system increased by 22.2% in 2008 against 2007.