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BTA Bank (Armenia) Publishes Annual Service Price For Mastercards

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  • BTA Bank (Armenia) Publishes Annual Service Price For Mastercards

    BTA BANK (ARMENIA) PUBLISHES ANNUAL SERVICE PRICE FOR MASTERCARDS

    ARKA
    May 12, 2009

    YEREVAN, May 12. /ARKA/. The BTA Bank (Armenia) has published
    the annual service prices for cards of the international system
    MasterCard. The Marketing Department, BTA Bank, reported that the
    bank issues the following plastic cards of the MasterCard system:
    Cirrus/Maestro, MasterCard Standard, MasterCard Gold, MasterCard
    Business.

    The annual service prices for them are: 30,000 AMD for Gold cards;
    20,000 AMD for Business cards; 8,000 AMD for Standard cards; 3,000
    AMD for Maestro cards.

    The cashing charge for Gold, Standard, Business and Maestro cards is
    0.3% of the amount.

    Early this May the BTA Bank announced the issue of international
    plastic cards MasterCard with a 50% discount for annual service during
    the first year. The discounts will be in effect from May 1 to August 1.

    The BTA Bank Armenia CJSC is a strategic partner of the BTA Bank
    OJSC, Kazakhstan's largest bank, the owner of 48.8% of the Armenian
    bank's shares.

    As of May 11, 2009, the bank's total capital was 5.4bln AMD, assets
    9.3bln AMD and liabilities 3.9bln AMD.

    The BTA Bank OJSC is a backbone bank of Kazakhstan, leading former
    of the CIS banking system. It has partner banks in Russia, Ukraine,
    Belarus, Georgia, Armenia, Kyrgyzstan and Turkey. The bank also has
    representative offices in Russia, Ukraine, China and United Arab
    Emirates.
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