EN
28 April 2009 - 18:43 AMT

Armenian Card profit totals 101% in 2009 initial quarter

Despite the global economic crises, Armenian Card has completed its financial program.

“Armenian Card’s profit made 101% in the initial quarter of 2009,” ARCA executive director Shahen Hovhannisyan said.

“Armenian Card is a processing which involves 50 banks throughout Armenia. The action plan was approved before the crisis burst out and the banks can seek new solutions and offer services which will be in demand,” he said.