Bank Anelik restarted Careful pension card product in an expanded  format

ArmInfo.Bank Anelik restarted Careful pension card product in an expanded format, Nerses Karamanukyan, chairman of Anelik Bank Management stated during the  press conference on June 19. 

He reminded that the given product  was launched the first year of  the implementation of the pension card project in Armenia (since June  2012), being involved at that time in partnership with the Gedeon  Richter pharmacy network and one of the large supermarket chains.  During the previous 2 years, the operation of this product has been  stopped , and now a restart has taken place with an expanded format  of opportunities and benefits for pensioners, including lending,  discounts in the pharmacy network, benefits at Astghik Medical Center  and others.

Karamanukyan noted that Caring product is based on local Arca card,  provided to the pensioners for free, and without levying  commissions  for cashing funds. He noted that, according to research conducted on  the demand for such services, Anelik Bank expects a significant  growth in the customer base.

For his part,  the Director of Retail Business of Bank Anelik Vardan  Gevorgyan presented the opportunities, discounts and advantages of  Careful product. In particular, he noted that today most banks in the  Armenian market do not provide loans to pensioners, drew attention to  the fact that Anelik Bank for the product Careful provided for  pensioners two types of loans - with collateral and unsecured  collateral. He explained that with mortgage lending, pensioners would  be able to get  maximum 3 million AMD with a maturity of up to 60  months, and with non-pledge loan, for 550,000 AMD for up to 48  months. At the same time, on the positive balance of the card account  of the pensioner of the Bank Anelik on this product charges 3%  annually.

Regarding benefits in pharmacies, Gevorgyan noted that ArCA Careful  cardholders will receive 5% discount in Gedeon Richter ArmPharm  networks of pharmacies . In addition, retiree cardholders for the  product Caring will be able to undergo a one-time free general  examination of blood in the medical center Asthik together with  calculating the dose of insulin in it. Within the framework of  cooperation with Rosgosstrakh Armenia insurance company, Anelik  Bank's pension customers will be able to purchase an insurance policy  for accidents in the framework of the Family product, and a policy on  property insurance for the product Active fixed assets. This will  give them the opportunity to undergo a series of examinations at the  Astghik Medical Center for only 5,000 AMD instead of 55,500 thousand  AMD, including a consultation with the therapist, a gynecologist, a  urologist, a vision test from an ophthalmologist, an ultrasound of  the abdominal cavity, pelvic organs and the thyroid gland , ECG, a  general blood test, and in addition, 10% discount for outpatient and  inpatient treatment. In fact, pensioners-cardholders of Bank Anelik,  policies on these classes of insurance will cost 5 thousand-18  thousand AMD, instead of the usually used 500 thousand-2 million AMD.  "This is a completely unique offer in the Armenian market," Gevorgyan  stressed.  In the end, Chairman of Anelik Bank Management  Karamanukyan informed that within the Caring product it is considered  to extend partnership network with involvement of other insurance  companies of Armenia. 

According to Armenian Banks in the Card Business analytical survey,  prepared by IC ArmInfo, the number of active cards of Anelik Bank  reached 34 thousand pieces by April 1, 2017, of which about 18  thousand - ArCa, almost 13 thousand - Visa and over 3 thousand -  MasterCard. The total volume of plastic transactions Anelik Bank  increased by 38% on an annual basis, of which over 41% are ATM  transactions.  The bank has 210 own POS-terminals and 56 ATMs, mostly  concentrated in the capital. Anelik Bank was the first among Armenian  banks to issue and service international Visa and Mastercard along  with local cards. Anelik Bank has been operating on the market since  October 1996. The shareholders of the Bank are Cyprus Company FISTOCO  LTD with a stake of 59.68% and Lebanese Bank CreditBank S.A.L -  40.32%.