Armenian Converse Bank to open new branches in Kapan

YEREVAN, October 13. /ARKA/. Converse Bank will open two branches – PostBank Kapan 01 and Kapan – in Syunik province on Friday, the bank’s press office reports.

PostBank Kapan 01 will provide postal and banking services, and Kapan will provide all the services of Converse Bank to legal entities and individuals.

Armenian President Serzh Sargsyan, cabinet ministers, the Chairman of the Central Bank of Armenia Arthur Javadyan, Syunik Governor Suren Khachatryan and other high-ranking officials will attend the opening ceremony.

The Converse Bank CJSC was established in 1993.

Eduardo Eurnekian, Argentine entrepreneur of Armenian descent, holds 95% of the bank’s shares, and the remaining 5% belong to Armenian Apostolic Church.

The Converse Bank has 25 branches with 554 personnel in 13 cities in Armenia.

Under the agreement signed between Converse Bank and Haypost, deposit accounts will be opened, currencies exchanged, cash transaction and money transfers operated and debtor plastic cards served.-0—

spot_img

POPULAR

Ranking of the Most Profitable Credit Institutions in Armenia for the First Half of 2026

ARKA News Agency publishes a ranking of the most profitable credit institutions in Armenia for the first half of 2026.

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.

LATEST NEWS

spot_imgspot_imgspot_img