Moody's upgrades Converse Bank's ratings
07.07.2025 - Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
Converse Bank Partners with IFC to Boost Trade Finance Capabilities
17.06.2025 - Converse Bank has secured trade finance line from the International Finance Corporation (IFC). The agreement was signed on June 16 in Vienna by IFC's Regional Industry Manager, Financial Institutions Group, Europe, Etleva Koka and Converse Bank's CEO, Chairman of the Executive Board Andranik Grigoryan.
Converse Bank completes distribution of bonds ahead of schedule
27.07.2022 - Converse Bank completes distribution of bonds ahead of schedule Converse Bank has completed the distribution of nominal coupon bonds totaling 2 billion AMD and 10 million USD ahead of schedule. The coupon yield of the issued bonds is 10% and 4% respectively. The payment cycle is semi-annual. The Bank will apply to the Armenian Stock Exchange to list the distributed bonds. Find out more at https://www.conversebank.am/hy/2022issue/ . Converse Bank is overseen by Central...
Converse Bank and Cityzen announce their new partnership
13.06.2022 - Converse Bank and Cityzen Children's City of Professions announce the beginning of their new partnership in which the Bank undertakes the difficult and responsible task of providing Z currency and other banking services to children attending Cityzen. We give importance to the presence of Converse Bank on various platforms , including the ones for children. Cityzen is one of the most popular places for recreation , which provides children with the opportunity to become...
Converse Bank bonds can now be purchased via the mobile application
13.05.2022 - Converse Bank bonds are now also available via our mobile application. Here, in a matter of minutes you can complete the entire purchasing process of the bonds from opening a security account to signing the contract. Full information on bonds placement is also available on the app. To purchase bonds please launch the app and on the home page click on the "+" sign to launch the applications page, then select "invest" and follow the instructions: Please note that...
Winners of a special promotion by Converse Bank and Mastercard receive a holiday gift card
20.04.2022 - Converse Bank has recapped the results of the special promotion run in collaboration with Mastercard.As a prize Converse Bank offered to its 20 most active Mastercard holders who would make purchases from 1st September until 30th November including, a three-day family holiday gift card to be used in Armenia (for 2 adults and 2 kids) and the rest of the participants of the special promotion were offered a cashback up to 30,000 AMD. The Cashback prize money was transferred to the...