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.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.   

ArmInfo.

ArmInfo. Converse Bank is a partner of "Argentine Wine Week" organized by the Embassy of Argentina in Armenia.  According to the information shared with  ArmInfo by the press office og the Bank, Events dedicated to the  world day of Argentine Malbec wine will be held in Yerevan, on April  17-23.  "This is another event organized in Armenia jointly by the  Embassy of Argentina and Converse Bank. Within its framework,  Converse Bank offers its customers to delight in the renowned  Argentine Malbec wine in the restaurants and wine houses - partners  of the event, and to make use of the opportunity to get 15 percent  CashBack", - we were told at the Bank, where they added that the  customers would get another 15 percent discount from the restaurants  and wine houses.

ArmInfo. Converse Bank has revised the conditions of Internet Banking service. From now on the Bank's existing and new customers will get it free of charge. "Provision of free Internet Banking service is another step within  the framework of Converse Bank's policy of development and  modernization of digital services, which enables the Bank's customers  to save their time, executing their banking transactions from home or  any other convenient location.

ArmInfo. Converse Bank is expanding the geography of its presence, this time opening the "Kotayk" branch in Armenia's largest wholesale and retail shopping  center "Arindzh Mall". As the press service of the Bank told ArmInfo,  the opening of this branch is the next step in the development and  modernization of the branch network.

ArmInfo.As the Bank reports, Converse Bank launches a new service - "ConverseQvota", thus enhancing the opportunities of credit line/limit usage by the Bank's cardholders.  

ArmInfo. Within the partnership with National Mortgage Company, Converse  Bank launched the 4th stage of KfW funded mortgage project on effective housing construction support in Armenia. According to the information shared with  ArmInfo   by the press office of the Bank, within the fourth stage of the  project two aspects will be launched: Energy Efficient Mortgage Loans  and Regional Mortgage  Loans. At that, the second dimension does not  comprise any compulsory requirements of energy efficiency securing. 

ArmInfo.Converse Bank received the award for Academic Excellence, owing to the unprecedented number and exceptional results of the employees who participated in the online training. The majority of the 116 participating employees of  the Bank completed the programme with the highest possible results.  "This is very important achievement for us and will be a significant  precondition for improving the quality of services provided to our  customers", - we were told at the Bank. As the press-service of  Converse Bank told ArmInfo, Trade Facilitation Programme Academic  Excellence Award international award was handed to Converse Bank on  March 17 within the conference Belarus Trade Funding 2017, passing in  Minsk.