Converse Bank announces SME financing campaign
03.03.2020 - Converse Bank announces SME financing campaign. Funding can be directed to replenishment of the fixed assets and working capital of small and medium enterprises, or for loan repayment. Financing within the campaign is a good opportunity for business to grow, expand and secure further development. During its period, i.e. until June 30, 2020, small and medium enterprises operating in different sectors of the economy will have access to lending at competitive interest rate with a maturity of up to 180 months.
Converse Bank supported the first student chemists’ tournament
26.02.2020 - The results of the student chemists’ tournament were summarized.Joint PR team of Yerevan State University and Mkhitar Heratsi State Medical University was acknowledged the winner of the tournament. The tournament was held at the initiative of the Ayb Educational Foundation.Converse Bank acted as the main sponsor.
Global Finance recognizes Converse Bank as the Best Trade Finance Provider in Armenia
19.02.2020 - Converse Bank has been announced the “Best Trade Finance Provider 2020 in Armenia” by the prestigous Global Finance Magazine at the 13th BAFT Global Annual Meeting in London.
Converse Bank has introduced ConverseGreen - “Green” financing product
17.02.2020 - Converse Bank has launched corporate and SME financing project within the framework of ConverseGreen loan. It is designated to small, medium and large entrepreneurs, individuals and entities carrying out activities in the agricultural sector and development/construction organizations.
Campaign term has been extended
05.02.2020 - Converse Bank has prolonged the term of the campaign for issuance of mortgage loans, loans secured by real estate collateral and provision of credit cards with non-renewable balance. The campaign will be extended until February 29, 2020 inclusively. Within the framework of the campaign, the Bank offers a lending instrument to its clients who are RA residents and/or RA citizens, in order to transfer their and/or their affiliates’ loans from other banks/financial organizations.
Converse Bank signed 8 million US dollars equivalent local currency two loan facilities with the European Bank for Reconstruction and Development
31.01.2020 - Converse Bank signed 8 million US dollars equivalent local currency two loan facilities with the European Bank for Reconstruction and Development (EBRD). Out of the total loan proceeds 6 million US dollars equivalent in local currency will be channeled to the financing of private micro, small and medium enterprises and 2 million US dollars equivalent in local currency to women-led MSMEs in the frames of EBRD’s “Women in Business” Programme.