Ardshinbank installed in its branches self-service devices for making  money transfers around the clock

ArmInfo.Henceforth, clients of Ardshinbank will be able to make money transfers in a matter of minutes via self-service devices, specifying only the name and  surname of the recipient. As the press service of the Bank told  ArmInfo, self-service devices installed in the capital and regional  branches of Ardshinbank are available to customers around the clock.

According to the source, the commission for the transfer is only 150  drams, the time for the transfer is 2 minutes, and the amount sent to  the branch of Ardshinbank immediately becomes available to the  recipient.

"Ardshinbank takes leading positions in the field of money transfer  services. The bank is connected to money transfer systems: Ria,  IntelExpress, Sigue, MoneyGram, UniStream, ConversTrasnsfer, Best,  Moneytun and Telcell Transfer>, the source said.

More detailed information on instant money transfers can be obtained  on the official website of Ardshinbank by clicking on the link  https://goo.gl/GhNW6A, or by calling the 24-hour (012) 22-22-22  number.

According to the Financial Rating of the Armenian Banks as of January  1, 2018, prepared by IC ArmInfo, Ardshinbank is included in the TOP-5  by the amount of remittance income - about 1bln AMD, with growth for  2017 by 58.4%. In non-interest income of the Bank, this item accounts  for over 23%, and in total revenues from remittances through the  market, the bank's share is almost 10%. According to net profit  Ardshinbank is included in TOP-3, having provided in 2017 a level of  5.7 billion drams or about 15% of the total indicator for the market.  (The calculated exchange rate of AMD as of December 31, 2017 was  484.10 AMD / $ 1).  To note, Ardshinbank was founded in 2003. The  majority shareholders of Ardshinbank as of January 1, 2018 are Arins  Group LLC (this is renamed the Business Investment Center LLC) with a  67.97% interest in the capital and 29.52% in the REGION Industrial  and Financial Corporation CJSC. Ardshinbank is the second largest  bank in Armenia, having one of the largest branch networks,  consisting of 64 divisions.  Ardshinbank is the only private  institution in Armenia that has been assigned ratings of two  international rating agencies (Moody's and Fitch) equal to Armenia's  country rating.