Tue, 24 February
1.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Converse bank offers 50% discount on savings at opening summer deposit

YEREVAN, June 7. /ARKA/. Converse bank announces Thursday on 50% discount on using savings in case of opening new “Summer” deposit till August 31.

According to the source, the new deposit “Summer” will be offered for no less than one year at 12% annual rate.

“A depositor, if he wants, can get the accumulated rates right after opening a deposit and go for a summer vacation,” the press release says.

A depositor will be given an opportunity to choose any plastic card, such as Visa Classic, Mastercard Standard, Visa Gold or Mastercard Gold. In case a depositor withdraws the deposit three months later after opening it, the annual rate will be recalculated at 6% from 12%, and six month later- at 8%.

Converse bank CJSC is registered on December 20, 1993. Argentinean businessman of Armenian origin Eduardo Eurnekian has been holding 95% of its stock since February of 2007. Another 5% is held by Armenian Apostolic Church.—0–

spot_img

POPULAR

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

LATEST NEWS

spot_imgspot_imgspot_img