AREXIMBANK-GAZPROMBANKGROUP (ARMENIA) TO ISUE FREE VISA CLASSIC CARD’S, MASTERCARD’S STANDARD

/ARKA/
July 1, 2009
YEREVAN

YEREVAN, July 1. /ARKA/. June 1 through August 1, in connection with
summer holidays, Areximbank-Gazprombank Group will be issuing free
cards VISA CLASSIC and MASTERCARD STANDARD.

The bank’s press service reports that the cards will be issued without
the minimum balance requirement or annual card service fee.

VISA GOLD and MASTERCARD GOLD will be issued without the minimum
balance requirement, at a discount of 50% on the annual card service
fee.

The Areximbank-Gazprombank Group CJSC (former Areximbank, renamed on
June 12, 2009), was founded in August 1998 to support business and
serve financial flows between Russia and Armenia.

The bank is a principal member of the VISA International and VISA
International and MasterCard International systems.

In 2007, the bank became a member of the ArCa system in the area of
acquiring. Last September Gazprombank (Russia) became sole owner of
Areximbank by buying out 5.85% of its shares from Raiffeisenbank.

The bank has 14 branches, with five of them in Yerevan and nine in
Armenia’s regions.