MONEY TRANSFER TURNOVER OF UNIBANK THROUGH UNISTREAM AMOUNTS $802MLN IN 2008
ARKA
Feb 12, 2009
YEREVAN, February 12. /ARKA/. In 2008 the turnover of money transfers
of Unibank CJSC through Unistream payment system amounted to $802mln,
the bank’s press-service told ARKA News Agency. The system’s share
in Armenia’s money transfer market is over 50%.
According to the official website of Unibank, transfers through
Unistream remain in top levels this year as well. Over 33,000 transfers
to the amount of $26mln were made in January alone.
According to the assessment of experts, Unistream has the lowest
interest rates – from 1.1%, moreover the bigger the sum, the lower
the interest rate.
Unistream is introduced in 90 countries.
Unibank CJSC was founded in 2001. It is co-owned by the Uniastrum Asset
Management Ltd (50%) and the resident company Evainvest Ltd (50%).
On December 31 2008, the bank’s assets reached 68.8bln AMD, with
liabilities being 59.3bln AMD, capital 9.5bln AMD, credit investments
46.1bln AMD, liabilities to clients 47.7bln AMD, and net profit for
Jan-Dec 2008 amounting to 1.8bln AMD.
Unibank has 30 branches.