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

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

LATEST NEWS

spot_imgspot_imgspot_img