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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 Monday, September 4 2017 19:36

ArmInfo. Converse Bank on September 4 completed the initial placement of its AMD 1 billion drams, which started on August 3. As the press service of the Bank  told ArmInfo, Underwriter of Converse Bank bonds was the company  "Capital Investments", which in the secondary market will act as a  market-maker of this issue. With the completion of the initial  placement, Converse Bank's dram bonds will be listed on the Nasdaq  OMX Armenia exchange for circulation on the secondary market. 

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ArmInfo.Converse Bank, together with  the instant money transfer system Converse Transfer, summed up the stock held for customers regularly receiving  remittances from abroad. As the press service of the Bank told  ArmInfo, according to the results of the draw among customers who  received transfers through the Converse Transfer system, one got a  ticket for two to the UAE, one became the owner of the iPhone7, and  11 more won cash prizes and gifts.

Converse Bank started placement of its 1 billion AMD bonds
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ArmInfo. Converse Bank has started placement of its AMD 1 billion bonds since August 3. As the press service of the Bank told ArmInfo, the minimum purchase package contains 15 bonds worth 1.5 million AMD. Underwriter of Converse  Bank's bonds is the company "Capital Investments", which in the  secondary market will act as a market-maker of this issue.

Branch of Converse Bank "Metsamor" reopened after overhaul and  re-equipment
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ArmInfo. Converse Bank METSAMOR Branch was reopened after renovation and refurnishing.  The customers of the branch can use comprehensive banking services, among which deposits, loans, currency exchange, local and cross-border transfers  and the like.  The branch also locates an ATM and a payment terminal.

The team of Converse Bank employees received an international award  from the European Bank "Trade Facilitation Program Academic  Excellence Award"
 Wednesday, July 19 2017 19:52

ArmInfo.The team of Converse Bank employees showed high results in the EBRD program "Introduction to Trade Finance", was awarded the international award "Trade  Facilitation Program Academic Excellence Award" and received  individual international certificates for professional development.  The press service of the Bank informed ArmInfo about this.  

Converse Bank announced about cooperation with Armhotels.am site  cashback action 
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ArmInfo.Converse Bank has initiated cooperation with Armhotels.am site. To make the summer holidays more affordable and comfortable for customers, Converse Bank  has initiated cooperation with armhotels.am site.  From June 15  through September 15, the customers of Converse Bank will get 5%  cashback for booking hotels and ordering other services online,  according to the Bank's press service.

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