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.
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, 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.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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