ARMENIAN ARMECONOMBANK AFFILIATES TO WORDLINK INTERNATIONAL PAYMENT SYSTEM

ARKA
July 28, 2009

YEREVAN, July 28. /ARKA/. Armenian Armeconombank joined the Worldlink
international payment system. According to the bank’s official website,
along with the current international transfers the bank offers a fast,
convenient, safe and profitable new service, which will satisfy all
of the customers’ requirements.

In addition, without any additional commission, the bank can implement
international transfers in 135 different currencies in over 180
countries.

"Armeconombank" Open Joint Stock Company was registered on August
26 1991. Over 75% of the bank’s shares belong to the principal
shareholders – EBRD (25% + 1 share) and the founders of "SIL" concern
Sukiasyan family (53.4%).

The bank carries out transfers through MoneyGram, Migom, Blizko,
Anelik, FAST MAIL, PrivatMoney, LEADER, Ria Money Transfers systems.

Currently, the bank has 34 branches in the territory of Armenia and
Nagorno-Karabakh.