YEREVAN, APRIL 19, NOYAN TAPAN. Armbusinessbank CJSC has put into operation a machine for automatic exchange of foreign currency. This machine is the first one in Armenia and has been installed at the bank's branch at 20 Mashtots Avenue (Yerevan). Karen Khachatrian, Head of the Plastic Card Operations Unit of Armbusinessbank, told NT correspondent that the machine (made by the Italian company Sigma) exchanges 6 most widespread foreign currencies in Armenia - US dollars, euros, Russian rubles, Ukrainian grivnas, Swiss francs and British pound sterlings. According to K. Khachatrian, besides banknotes, 10-, 50- and 200-dram metal coins can be used in the automatic exchange machine, thanks to which exchange is carried out in full amount at the exchange rate set by the bank. He noted that all 10 automatic exchange machine purchased by the bank will be put into operation next month, and their number will reach 70 by late 2008. Armbusinessbank currently has 10 teller machines and intends to put another 10 into operation in the near future. In the period of September, 2006 up to now, the bank has issued over 400 plastic ArCa cards. It envisages to issue MasterCards soon.

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