Armenian Conversebank announces Garun deposit campaign

Banks

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

Banks

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May — World Bank

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank's Armenia Monthly Economic Update – July 2026.
Exchange market

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of July 23, 2026, fell by 0.94 points compared to July 22, to 365.95 drams.
Economy

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.
Exchange market

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.
Banks

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Total capital of Armenian banks grows by 19.6%
Next article
Central Bank of Armenia raises refinancing rate by 0.5 points to 6.5%