ASHIB AWARDED MONEYGRAM CERTIFICATE AS ARMENIA’S MOST RELIABLE BANK
PanARMENIAN.Net
14.01.2010 14:18 GMT+04:00
/PanARMENIAN.Net/ Ardshininvestbank CJSC (ASHIB) has been awarded a
certificate by MoneyGram international money transfer system, as the
most reliable bank of Armenia, the bank’s press office reported. ASHIB
cooperates with MoneyGram since its establishment, and jointly with
MoneyGram offered its clients various discounts.
According to ASHIB chairman Nerses Karamanukyan, the certificate
awarded by MoneyGram system obliges ASHIB to remain a reliable bank
not only for foreign partners, but also for all customers.
Ardshininvestbank CJSC was registered by the decision of the RA
Central Bank Board in 2003. It operates through Contact, MoneyGram,
Migom, IntelExpress, RIA, and Express Mail systems. ASHIB has 49
branches in Armenia , 6 branches in NKR and an office in Paris. Moody
international rating agency assigned to ASHIB a long-term ratings Ba2
and short-term Not Prime for short-term deposit in local currency,
long-term ratings Ba3 and short-term Not Prime for deposits in foreign
currency, as well as the financial strength rating BFSR "D". In 2008,
the bank was awarded the International Quality Management System
Certificate ISO 9001: 2000.
The bank is a member of Armenian Bank Union, Armenian-Georgian Business
Cooperation Association, ArCa payment system, Armenian fund exchange
self-regulating organization, the Union of Armenian mortgage market and
affiliated member of MasterCard/Europay international payment system.
MoneyGram international money transfer system is one of the leading
money transfer systems throughout the world. The system has 186 000
service points in about 190 countries.