"Converse Bank" CJSC introduces a new "Pension" deposit, which is unique in the Armenian banking system. It gives an opportunity to provide for the well-being of pensioners while they are still young and capable of working.

With making a deposit of minimum AMD 50 000 and adding monthly amounts depositors will receive back at the end of the term the accumulated amount of pension in equal monthly payments. Moreover, deposit interest will continually be added to the account balance.

The annual interest rate for "Pension" deposit includes "Converse Bank" base interest rate (currently ,75%) plus 5 percent. The deposit term is 10 years after which the amount is returned during 5 or 10 years as the depositor wishes.