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

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  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 June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img