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Converse Bank has completed the placement of corporate bonds

Converse Bank has completed the placement of corporate bonds

29.07.2021 - We are pleased to announce that Converse Bank has completed the 12th and 13th tranches of bond placement two months ahead of schedule. For the first time, bonds were distributed through the Converse Bank’s mobile application. In total, 3 billion Armenian drams and 10 million US dollar corporate bonds were placed. The tenor of the bonds is 36 months, the coupon payment is semi-annual, and the coupon rate is 9.75%% and 5.25%, respectively. The Bank will apply to the Armenian Stock Exchange to list the distributed bonds on the ABond platform of corporate bonds. Currently, Converse Bank’s2 billion Armenian drams and and 15 million US dollar bonds are being traded on the Armenian Stock Exchange. We plan to distribute another two tranches of corporate bonds during 2021.

Converse Bank launched business lending within the framework of project implemented by the European Investment Bank

Converse Bank launched business lending within the framework of project implemented by the European Investment Bank

13.07.2021 - Converse Bank, in partnership with the European Investment Bank (EIB), offers competitive lending products under the Private Sector Financing Program. Entrepreneurs in the fields of agriculture, agricultural processing, tourism and industry can apply for loans aimed at replenishing assets and/or working capital. Funding is also provided for export promotion. The loan funds can be used by RA resident legal entities and individual entrepreneurs who have been operating in the mentioned spheres for at least 6 months. The loan amount can start from AMD 5 million, up to AMD 500 million, but, depending on the business project, the loan amount can be larger. The maximum loan term is 90 months, with a grace period of up to 30 months to repay the loan principal.

Become a Converse Bank Visa Cardholder on preferential terms

Become a Converse Bank Visa Cardholder on preferential terms

02.07.2021 - Converse Bank offers to become the Bank's Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the entire term of the card. At the customer's request, the family member will also be provided with a card attached to Visa Classic, Visa Gold or Visa Platinum free of charge, depending on the type of the customer's main card. In case of premium class cards, a personal safe deposit box service will be offered at a 50% reduced value of the service fee in the Bank's "Yeritasardakan", "Kilikia", "Arshakunyats", "Gyumri", "Kentronak" and "Nor Nork" branches, as well as a Visa PaySticker or Visa MiniFob /with its accessory/ without payment. New cardholders will also have the opportunity to take part in the campaign launched for Converse Bank Visa cardholders. During this campaign, aimed at encouraging non-cash payments, customers who have made the maximum number of purchases and earned gold points, will receive valuable gift

Converse Bank gives Visa cardholders have an opportunity to receive gold bars

Converse Bank gives Visa cardholders have an opportunity to receive gold bars

01.06.2021 - Converse Bank announces the launch of another campaign within the framework of cooperation with Visa International Payment System. As part of the campaign, from June 1 to August 31, the Bank Visa cardholders will accumulate "golden" points for each non-cash transaction. Valuable gifts will be awaiting to the customers who have accumulated the most golden points, in particular: - The first 10 cardholders with the most golden points will receive 10-gram standardized gold bars (value 999.9), - those who are on the 11th - 50th positions in the number of golden points units – will receive standardized gold bars of 5 grams (grade 999.9). It should be noted that Converse Bank has been a full member of the Visa International Payment System since 2002.

Converse Bank. Cashback and Yerevan Park tickets for June 1

Converse Bank. Cashback and Yerevan Park tickets for June 1

27.05.2021 - Converse Bank, together with its partners, is launching a traditional campaign on the eve of the International Children's Day. As part of the campaign, the Bank offers its cardholders to make non-cash purchases for children in partner stores and receive a cashback of 10% of the amount spent. In addition, each of the 20 customers with highest amount of spending on purchases will also get 2 tickets to Yerevan Park as a gift. The campaign is valid from May 28 to June 6.

Presentation of Converse Bank's online platform for SME financing

Presentation of Converse Bank's online platform for SME financing

13.05.2021 - On May 11, Converse Bank's SME Financing Center hosted a presentation of its online platform for lending to small and medium-sized enterprises. “We have established this center for SME clients of Converse Bank. Its objectives encompass more than provision of financial services and professional consulting to enterprises. “Together we will strive to turn it into a platform uniting the expert and the business community to discuss current economic trends, find solutions and facilitate direct interaction,” said Artur Nakhapetyan, Business Development Director of Converse Bank. Samvel Gevorgyan, founder of the BSC Business Support Center, attended the event and presented the current trends in economy, as well as the development perspectives for small and medium-sized businesses.