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

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img