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Regular loans repayments and payments deferred until May 15, 2020

 Converse Bank CJSC applies to its clients :

In order to prevent the spread of Coronavirus and avoid crowding in the bank branches taking into account the current situation, Converse Bank informs:

  • Starting from March 16 individuals and sole proprietors of Converse Bank CJSC have an opportunity to delay the repayment of their loan(s) and payments until May 15, 2020. Non-performing credit liabilities during that period will not be considered overdue, therefore no penalties will be charged against them.

At the same time, Converse Bank encourages individuals to make repayments of their loans whenever possible within the timeframe specified in the repayment schedule in order to avoid further monthly payments.

We also advise you to limit the use of cash and give general preference to transactions in Converse Bank's online digital platforms: Internet Banking, Payment Portal and Mobile App.

  • In order to overcome the temporary crisis caused by the recent developments, the Bank expresses its readiness to provide support and individual approach to its clients in the areas of public catering, tourism, restaurant, transport, entertainment, hotel and other related areas..The customers, whose earnings have declined due to unforeseen circumstances ,and who are having difficulties in completing their credit obligations in full, may apply to Converse Bank Head Office ( Republic Square, Vazgen Sargsyan 26/1) or may also apply to an appropriate branch of the bank for a change of a schedule.


: 16.03.2020

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