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 Monday, September 11 2017 17:52
Alina Hovhannisyan

Converse Bank took part in Armenia Expo-2017 annual exhibition 

Converse Bank took part in Armenia Expo-2017 annual exhibition 

ArmInfo.Converse Bank took part in the annual exhibition Armenia Expo-2017, where the guests of the pavilion got acquainted with the conditions of mortgage  lending, loans to SMEs, energy efficiency loans, car loans and  student loans. As the press service of the Bank told ArmInfo, when  choosing products and services presented in the pavilion, Converse  Bank took into account the most diverse preferences and requirements  of potential clients of different age categories.

Particularly, within the framework of the program "Affordable housing  for young people", the bank lends at an interest rate of 9% per  annum, of which 2% is subsidized for mortgages in Yerevan, and 4% -  for mortgages in the regions, and with financing by the National  Mortgage Company - interest rate of 11% per annum.

According to the stock  "Create your credit history" for students  when conducting a non-cash transaction for the amount of 500 AMD and  more will be able to receive a mortgage loan at Converse Bank at an  interest rate below the current one.

Within the framework of the ConverseQvota service, clients have the  opportunity to trade in the partner network of the bank with a credit  card with a phased repayment of the spent sum without interest or  commission.

To recall, Converse Bank has been operating in the Armenian market  since September 1996. As of July 1, 2017, the Bank's shareholders are  Advanced Global Investments LLc (hand-Eduardo Ernekian) - 80.94%,  HayPost Trust Management B.V. - 14.06%, the Cathedral of the Mother  See of Etchmiadzin - 5%. As of July 1, 2017 assets of Converse Bank  amounted to 217.3 billion AMD, liabilities - 183.3 billion AMD, and  the total capital - 34.1 billion AMD. 





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