Sat, 7 February
0.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

President Serzh Sargsyan Participates In Opening Of Renovated Post Office And Conversebank Branch In Kapan

KAPAN, October 15, /ARKA/. President Serzh Sargsyan participated today in the opening of a renovated post office and a Conversebank branch in Kapan, the administrative center of southern Syunik province.

The post office called Postbank Kapan 01 will provide its customers with postal and banking services while the branch will offer the entire package of banking services to corporate and individual customers.

Tigran Davtian, Conversebank board chairman, said the bank’s motto is to become accessible to every citizen of the country. He said some 250 post offices across the country will be renovated within next five years to offer banking services along with postal ones.

Arman Khachaturian, HayPost (Armenian Post) CEO, said the bank has turned to regions beyond Yerevan. The post office and the branch are equipped with modern computers and devices.

As part of an agreement signed with HayPost Conversebank offers banking services at some post offices, such as opening of savings accounts, currency exchange, cash transactions, money transfers, provision and servicing plastic cards ArCa, MasterCard and VISA. At the end of 2010 some 35 post offices in the country will be providing banking services to their clients.

HayPost has invested 450 million Drams this year in furnishing its offices with equipment for providing banking and postal services. Conversebank has 600 employees, 27 branches in 13 towns. ($1 – 361.18 Drams). -0-

spot_img

POPULAR

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

LATEST NEWS

spot_imgspot_imgspot_img