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Moody’s has updated its credit opinion on Converse Bank

Moody’s has updated its credit opinion on Converse Bank

25.03.2020 - Moody’s Investors Service international credit rating agency has published its credit opinion update on Converse Bank on March 25, 2020.

Some types of mortgage loans at Converse Bank have become more attractive

Some types of mortgage loans at Converse Bank have become more attractive

06.03.2020 - Responding to the trends in the financial market, Converse Bank has revised the terms and conditions of mortgage lending carried out in partnership with the National Mortgage Company, by setting more competitive interest rates for a number of types of loans. “For several consecutive years Converse Bank has been one of the leaders of the Armenian banking system in terms of both volume and quantity of mortgage lending. The portfolio has tripled since 2017 due to the Bank's flexible credit policy and rapid response to developments in the financial market, -”said in Converse Bank.

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

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

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.