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ARARATBANK LAUNCHES ISSUING OF DINERS CLUB PAYMENT CARDS
Economic News (Information Agency Oreanda), Russia
December 17, 2013 Tuesday
Baku. OREANDA-NEWS . December 17, 2013. ARARATBANK and Diners Club
International Ltd, which is the subdivision of Discover Financial
Services (NYSE: DFS), today have announced the launching of issuance
of Diners Club International new payment cards in Armenia.
Mr. Osipyan, Chairman of the Executive Board of ARARATBANK OJSC,
and Eduardo Tobon, Chairman of Diners Club International Ltd., made
announcement on this occasion.
In 2012 ARARATBANK and Diners Club International have signed an
Agreement on Franchising according to which ARARATBANK will act as
the only rightful franchise organization in the Republic of Armenia
and will be responsible for both Diners Club brand and the issuance
and provision of the card.
All of the local and international Diners Club cards in Armenia
will be serviced at ARARATBANKS ATM-s and more than 1000 trade and
service centers.
Eduardo Tobon, Chairman of Diners Club International, believes that
the issuance of Diners Club cards is a new and important event for the
company: Armenia is a hidden precious stone for those who havent been
here yet, Eduardo Tobon expressed his impressions of our country. He
considered it an extraordinary phenomenon that apart from the 3 million
of Armenians living in Armenia, 7 million is spread all over the world.
According to Eduardo Tobon plastic cards, issued in Armenia, will be
called DINERS CLUB ARMENIA. Namely, those having the issued cards will
become members of the Armenian club of the system. In the whole world,
as well as in Armenia this payment system is based on the three vital
pillars; food and cuisine, travelling and everyday expenses.
Payments on the a.m. will be made in Armenia, and the Armenian DINERS
CLUB cardholders will have the opportunity to get acquainted with
the Armenian culture, cuisine, places of interest.
Diners Club is a widespread brand in more than 185 countries. It has
over 20 million trade and service centers, as well as 1 million cash
withdrawal points and ATM-s. Combining our sales marketing experience
with ARARATBANKS stability and innovative soul, we will be able to
offer beneficial conditions for our club members at tourist attractions
of the world and Armenia.
According to A.Osipyan, Chairman of the Executive Board of ARARATBANK
OJSC, Diners Club cards were invested in 2 stages. Firstly, the
respective environment was created; the respective subdivisions were
developed and invested, as well as the design of the card was drafted.
Today we offer the market Diners Club Super Premium and Diners Club
Young professional cards, which will provide the cardholders with
numerous privileges and discounts both in Armenia and the whole world.
Bank will also issue Diners Club magazine on a quarterly basis for
the cardholders to inform about the available privileges and new
offers for Diners Club cardholders both in Armenia and the whole
world. This information will also be available on the web-site of
ARARATBANK Diners Club. At the end of press conference A.Osipyan,
Chairman of the Executive Board of ARARATBANK OJSC, informed that
it is intended to issue 5 thousand DINERS CLUB cards, the service
charge of which will be within the range of payment charge of gold
and classic types of cards.
From: A. Papazian
Economic News (Information Agency Oreanda), Russia
December 17, 2013 Tuesday
Baku. OREANDA-NEWS . December 17, 2013. ARARATBANK and Diners Club
International Ltd, which is the subdivision of Discover Financial
Services (NYSE: DFS), today have announced the launching of issuance
of Diners Club International new payment cards in Armenia.
Mr. Osipyan, Chairman of the Executive Board of ARARATBANK OJSC,
and Eduardo Tobon, Chairman of Diners Club International Ltd., made
announcement on this occasion.
In 2012 ARARATBANK and Diners Club International have signed an
Agreement on Franchising according to which ARARATBANK will act as
the only rightful franchise organization in the Republic of Armenia
and will be responsible for both Diners Club brand and the issuance
and provision of the card.
All of the local and international Diners Club cards in Armenia
will be serviced at ARARATBANKS ATM-s and more than 1000 trade and
service centers.
Eduardo Tobon, Chairman of Diners Club International, believes that
the issuance of Diners Club cards is a new and important event for the
company: Armenia is a hidden precious stone for those who havent been
here yet, Eduardo Tobon expressed his impressions of our country. He
considered it an extraordinary phenomenon that apart from the 3 million
of Armenians living in Armenia, 7 million is spread all over the world.
According to Eduardo Tobon plastic cards, issued in Armenia, will be
called DINERS CLUB ARMENIA. Namely, those having the issued cards will
become members of the Armenian club of the system. In the whole world,
as well as in Armenia this payment system is based on the three vital
pillars; food and cuisine, travelling and everyday expenses.
Payments on the a.m. will be made in Armenia, and the Armenian DINERS
CLUB cardholders will have the opportunity to get acquainted with
the Armenian culture, cuisine, places of interest.
Diners Club is a widespread brand in more than 185 countries. It has
over 20 million trade and service centers, as well as 1 million cash
withdrawal points and ATM-s. Combining our sales marketing experience
with ARARATBANKS stability and innovative soul, we will be able to
offer beneficial conditions for our club members at tourist attractions
of the world and Armenia.
According to A.Osipyan, Chairman of the Executive Board of ARARATBANK
OJSC, Diners Club cards were invested in 2 stages. Firstly, the
respective environment was created; the respective subdivisions were
developed and invested, as well as the design of the card was drafted.
Today we offer the market Diners Club Super Premium and Diners Club
Young professional cards, which will provide the cardholders with
numerous privileges and discounts both in Armenia and the whole world.
Bank will also issue Diners Club magazine on a quarterly basis for
the cardholders to inform about the available privileges and new
offers for Diners Club cardholders both in Armenia and the whole
world. This information will also be available on the web-site of
ARARATBANK Diners Club. At the end of press conference A.Osipyan,
Chairman of the Executive Board of ARARATBANK OJSC, informed that
it is intended to issue 5 thousand DINERS CLUB cards, the service
charge of which will be within the range of payment charge of gold
and classic types of cards.
From: A. Papazian