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.

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. 

ArmInfo.Converse Bank summed up the results of joint #ConverseVisaWeekend with Visa and presented gifts to Visa cardholders who made non-cash purchases for the maximum amount. As the press service of the Bank told ArmInfo, three  cardholders received iPhone7 phones, nine received cash prizes of 100,000 AMD, and 50 active participants were presented with incentive prizes.

ArmInfo.On August 29, the fourth dollar tranche of registered coupon bonds of Ameriabank in the amount of $ 10 million was listed on the Nasdaq OMX Armenia stock exchange and admitted to conclusion of targeted trade and repo deals.  This release, like the previous ones, is included in the main list  (Abond).

ArmInfo.. ACBA-Credit Agricole Bank on August 18 will publicly place its dollar-denominated coupon three-year bonds in the amount of $ 5 million with an annual yield of 5.5%. ArmInfo was told in the press service of the Bank that this issue contains 50,000 bonds with a face value of $ 100. Coupon payments are provided once every six months.

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.

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.

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.

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.  

ArmInfo.To activate the bond market of Armenia, a national scale of ratings is needed. Arshinbank Risk Management Director Artak Arzoyan expressed this opinion in an interview with ArmInfo, explaining that local investors and borrowers dominate the national financial market, and an internal credit rating is required for the issuance of debt securities of certain categories.

ArmInfo. ACBA-Credit Agricole Bank plans to enter the bond market of Armenia with the medium-term USD tranche within the next 2 months. As Stepan Zakinyan, Deputy Chief Executive Officer for the financial part of ACBA-Credit Agricole  Bank, told ArmInfo correspondent, the circulation period of the USD  tranche will be 2.5 years. "This will be an experimental release,  which will enable us to understand the market reaction and investors'  appetites," he said.

ArmInfo.Within the framework of the launched campaign, Converse Bank offers to make "Summer" deposit at the Bank before September, for he minimum amount of AMD 100 thousand, with maturity of 12 months, and make use of the  opportunities provided by the campaign. The annual nominal interest  rate of the campaign is 10%, and in case of making it via Internet  Banking system - 10.5%. The interest amount for the whole maturity  period of the deposit is paid at the time of making the deposit. 

ArmInfo.From June 29 to September 15, Anelik Bank intends to place the 4th tranche of its USD-denominated bonds in the amount of $ 5 million. As ArmInfo  explained to the press service of the Bank, in the framework of this  issue 50 thousand registered non-documentary coupon bonds with a par  value of $ 100, yield on the coupon of 5.75%, with a maturity of 2  years, with the frequency of coupon payments every six months.

ArmInfo. State services in Armenia will be available also through "Araratbank". The corresponding draft decision was approved at a meeting of the Armenian government on June 23.

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.

ArmInfo.

ArmInfo.Converse Bank announced the launch of a new service ConverseQvota - purchases by credit card without commissions. 

ArmInfo. Starting from Juny 13, 2017, USD denomintaed coupon bonds issued by "ANELIK BANK" CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list.  According to the exchange press service, listed securities  comprise 50,000 coupon bonds with nominal value of USD 100, coupon  rate of 6.25% and maturity period of 2 years. The bonds (ISIN -  AMANLBB22ER2) will be traded under ANLBB2 ticker symbol and will be  allowed to manual and REPO trading as well. 

ArmInfo. A high demand  for 2-nd tranche of dollar based bonds of Anelik Bank opened an option to place those by May 29 in full volume and in anticipatory manner. .  Bonds were purchased by private persons and legal entities from  Yerevan and regions. According to the information of the press office  of the bank, this issuance is already submitted to  Nazdaq OMX  Armenia to pass a listing. 

ArmInfo.Converse Bank first USD trench issue amounting $ 6 million passed first listing on NasDaq OMX Armenia and entered Abond. As the stock's press service told ArmInfo, the first USD tranche of the Bank (ISIN - AMCOVSB22ER9) is allowed to  conclude targeted trade and repo-transactions.