ARDSHININVESTBANK (ARMENIA), MONEYGRAM ORGANIZE MONEY-TRANSFER ACTION

/ARKA/
June 10, 2009
YEREVAN

YEREVAN, June 10. /ARKA/. Ardshininvestbank (Armenia) in cooperation
with the MoneyGram money-transfer system have organized a joint summer
action for their clients receiving EUR money transfers. According to
the information on Ardshininvestbank’s website, all those wishing can
participate in the action provided they receive EUR money transfers
by means of the MoneyGram system at any of Ardshininvestbank branches.

The action will last to the end of this summer. This September,
three randomly picked out clients that have received over â~B¬400
will receive certificates for the purchase of tourist vouchers to
Europe. All the participants in the action will receive presents from
Ardshininvestbank and MoneyGram.

The Ardshinivestbank CJSC received License #83 on February 23,
2007. The principal stockholders of the bank are the Region investment
and financial company (86.82%) and, since late 2007, the International
Finance Corporation (10%). The bank is an affiliate member of the
MasterCard/Europay system and a stockholder of the Armenian Card CJSC,
a card operation system in Armenia.

As of March 31, the bank’s capital totaled 26.6bln AMD, assets 121.1bln
AMD, liabilities 94.5bln AMD, net profit 1.3bln AMD (January-March
2009).

As of February 6, 2009, the bank had 49 branches in Armenia and six
branches in the Nagorno-Karabakh Republic (NKR). The bank also has
a representative office in Paris, France.