Conversebank attracts 1.2 billion drams in fresh deposits as part of Amar (summer) special offer

YEREVAN, September 15. / ARKA /. Armenian Conversebank said it had attracted 1.2 billion drams in fresh deposits after announcing a special offer called Amar (Summer) that ran from June 1 to August 31.

Deposits were accepted in Armenia’s national currency, the dram, for 12 months at 12% interest rate. The minimal amount was 200 thousand drams. The bank told ARKA that that 660 people responded to the offer.

Some 95% in Conversebank are owned by an Argentine businessman of Armenian origin, Eduardo Eurnekian. The remaining 5% belong to Armenian Apostolic Church. ($ 1 – 374.88 AMD). -0-

spot_img

POPULAR

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Collapse of the US currency market could negatively impact Armenia – Central Bank

A collapse of the US currency market could negatively impact the Armenian market, stated Martin Galstyan, Governor of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img