ARMENIAN ARDSHININVESTBANK STARTS OPERATING MONEY TRANSFERS ON RIA INTERNATIONAL SYSTEM

/ARKA/
August 25, 2009
Yerevan

On August 24, all the branches of Ardshininvestbank started operating
money transfers on RIA international system, the press office of the
bank said.

Swift transfers are available to the bank clients in 70,000 points
of service in more than 100 countries.

Nerses Karamanukyan, chairman of Ardshininvestbank’s board, said
that the aim of the bank was to offer Armenians worldwide swift and
reliable money transfer services.

He said Ardshininvestbank cooperates only with advanced and reliable
companies, such as RIA.

RIA is reckoned among the world’s swiftest money transfer systems.

Ardshininvestbank received its license for banking activities from
the Central Bank of Armenia on February 27, 2003.

The main stockholders of the bank are "Region" investment financial
corporation (86.82%) and the International Financial Corporation (10%).

Arshininvestbank is an affiliated member of MasterCard/Europay
international payment system and a stockholder of local transfer
system Armenian Card closed joint stock company.

Currently Ardshininvestbank cooperates with a number of Russian banks –
Promsvyazbank, Socgorbank, Forabank and Sberbank.

The bank has 49 branches, including 6 branches in Nagorno-Karabakh
Republic and a representative office in Paris. Today, the bank provides
services to 170,000 individuals and l egal entities.

In 2008, Moody’s international ratings agency conferred long-term Ba3
and short-term Not Prime ratings to Ardshininvestbank for deposits
in local currency. ("BFSR") "D-" financial stability rating was also
assigned to the bank.

In 2008, Ardshininvestbank received ISO 9001:2000 international
quality certificate.