YEREVAN, June 11. /ARKA/. ACBA-CREDIT AGRICOLE BANK, the exclusive issuer of American Express cards in Armenia, said today it will be issuing American Express Cashback cards in a new special design and on modified terms.

According to an ACBA-CREDIT AGRICOLE BANK's press release, from now on in addition to the main advantages provided to Amex Cashback cardholders, the latter will also have the opportunity to use a wide range of insurance services, such as:

insurance against price fluctuations - during the next 30 days after the day of transaction made by the AmEx Cashback card, if the purchased goods are offered at a lower price at another point of sale, the cardholder will be compensated the difference between the initial price and the lower prices;

extended warranty period - the warranty period proposed by the manufacturer is doubled (maximum by 12 months), if it does not exceed 36 months from the date of making a compensated purchase;

-internet delivery guarantee - the service is valid if the delivered purchase is stolen or damaged.

Full information on insurance services is presented here. Full information about another American Express card - American Express Gold - can be found here, and information about the American Express Blue card - here. More information can be obtained on the sites americanexpress.am and acba.am or by calling 010319999.

The Bank is controlled by the Central Bank of Armenia.

ACBA was established in 1995 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. -0----