Armenian Conversebank announces Garun deposit campaign

YEREVAN, March 10, /ARKA/. Armenian Conversebank announced a new deposit campaign, inviting all women to invest their savings in Converse Bank as a deposit Garun (Spring) with exceptional terms.

Thus the minimum deposit amount is 50,000 Drams. Annual interest rates for AMD deposits with interest payments at maturity are 10 % for 6 months, 11% for 9 months and as much for 12 and 18 months.

Moreover, all women will be provided free VISA CLASSIC cards with photo without annual service fee, with credit limit in 100% of deposit amount by the end of validity date of the deposit agreement. Conversebank is owned by the Advanced Global Investments (95%), the remaining 5% is owned by Armenian Apostolic Church.  -0-

spot_img

POPULAR

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Unibank and Unisport took part in the “Tricolor” Yerevan Beat Run

Employees of Unibank and the Unisport club took part in the "Tricolor" Yerevan Beat Run.

International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

Global institutional investors own approximately 7-8% of Armenia's dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

LATEST NEWS

spot_imgspot_imgspot_img