BTA Bank to join MONEY GRAM international payment system

BTA Bank to join MONEY GRAM international payment system
22.05.2009 22:12 GMT+04:00

/PanARMENIAN.Net/ The Central Bank of Armenia permitted BTA Bank CJSC
to join MONEY GRAM international payment system.
The decision was taken during the sitting of the CBA Board presided
over by CBA Chairman Artur Javadyan on Friday.
BTA Bank CJSC is a strategic partner of one of Kazakhstan’s biggest
banks – BTA Bank JSC which holds 49% of shares in the authorized
capital of BTA Bank.
The other shareholders of the banks are company ZRL (31.1%) and
Kazakh-Armenian company MOBILEX (16.2%).
Currently, the bank implements transfers through Faster, Migom and
CONTACT payment systems, the CB press office reported.