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NEWS » Economy » Share of Norvik’s clients paying against loans online may go up to 20% in Armenia
Economy

Share of Norvik’s clients paying against loans online may go up to 20% in Armenia

08.05.2009, 03:23
The share of clients of Norvik credit organization who pay against loans online by cards may increase up to 20%. In February, the company gave its clients having ArCa cards an opportunity to pay from their cards to ArCa card of Norvik online, Norvik PR an

YEREVAN, May 7. /ARKA/. The share of clients of Norvik credit organization who pay against loans online by cards may increase up to 20%. In February, the company gave its clients having ArCa cards an opportunity to pay from their cards to ArCa card of Norvik online, Norvik PR and Marketing Department reported.

For this, they need to visit a special self-service system on my.norvik.am, input personal data (purpose of payment, agreement number, passport number) and select a preferable payment type. Clients will also need to register themselves in ArCa system, create a virtual card and make a payment to ArCa card of Norvik universal credit organization online through ArCa site. On April 1 2009, Norvik signed a contract with EDram Armenian online payment system.

According to the report, number of the company’s clients repaying loans through Tandem (“cash in”) terminals grew by 7.5 times in January 2009 against the first half of 2008; the number of clients who repay credit through TelCell terminals grew by 4 times.

These results show that the share of clients paying online will of up to 20% of the overall number of clients in the next months, Norvik reported. According to Norvik specialists, the majority of Armenian credit organizations are to transfer to online credit repayment system in the near future bearing in mind intense IT growth in Armenia.

Executive Director of Norvik universal credit organization Tigran Bostanjyan said that the innovations are introduced first of all to provide more comfortable and simplified service conditions to clients.

Norvik universal credit organization cjsc was founded in February 2006 and is Armenian daughter company of Latvian-Icelandic Norvik Bank. According to the information of ARKA Agency, the company’s assets had totaled 21.4bln Drams by the end of March 2009; liabilities were 18.04bln Drams and total capital was 3.4bln Drams. Loans and other borrowings to clients were 19.1bln Drams in the period; net profit after tax amounted to about 401mln Drams in January-March 2009. ($1=372.79Drams). –0--
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