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

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

LATEST NEWS

spot_imgspot_imgspot_img