13:24, 26 December 2008 Page views 323 views

ARB and REMA Activate their Cooperation

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On December, 26th, the Protocol of cooperation between Association of the Russian banks (ARB) and Association of Russian members of EUROPAY (REMA) has been signing in Moscow. The Protocol specifies close cooperation between ARB and REMA in their activity for development of cashless payments. Two associations will jointly elaborate new regulatory enactments in this area, carry out joint campaigns of financial literacy for population at usage bank products and services, including payment cards, and will assist state bodies in this activity. Protocol has been signed by President of ARB Garegin Tosunjan and President of REMA Andrey Korolev.

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