Converse Bank introduces new services for its customers

YEREVAN, November 3, /ARKA/. Armenian Converse Bank has announced today the launch of a new service designed for its customers. The new service, called  SMS CONVERSE, enables Bank’s customers to receive full information about the amount of balance on their saving and card accounts, get information about currency exchange rates as well as to block or un-block their plastic cards by sending a short message (SMS) to the Bank.

A press release by the Bank says it is constantly upgrading its service in tune with latest IT achievements. Half a year ago it launched Internet banking service enabling its customers to handle their accounts online. Earlier the Bank introduced an unprecedented ARCA DIRECT product that enabled plastic card holders to receive information about the balance on their cards at the Bank’s branches.

According to an analysis, made by ARKA, on September 30 Converse Bank’s aggregate assets totaled some 79.5 billion Drams, liabilities stood at 64.7 billion Drams, credit investments at 41.6 billion Drams and deposits at 47.3 billion Drams. In the first nine months of 201 the Bank earned 1.5 billion Drams in net profits.

Ninety-five percent in Converse Bank is owned by an Argentinean Armenian businessman Eduardo Eurnekian and the remaining five percent by the Armenian Apostolic Church. The bank has 28 branches in 13 towns. -0-

spot_img

POPULAR

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

LATEST NEWS

spot_imgspot_imgspot_img