Tue, 3 February
3.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Converse Bank opens new branch in Ashtarak

YEREVAN, March 26. / ARKA /. Armenian Converse Bank has opened today a new, 34th branch in the town of Ashtarak, the administrative center of Ararat province. The new branch meets the best standards of providing modern banking services. It is furnished with modern equipment and qualified employees, the bank said in a press release.

Earlier this month the bank opened a new branch in Davidashen district in Yerevan and moved its branch in the town of Sevan to a new building with improved conditions.

The bank runs 15 branches in Yerevan and 19 in the provinces, including two Post bank branches in Yerevan and Kapan in the southern region of Syunik.

Over the last year the number of the bank’s customers increased by 40% and the number of plastic cards, issued by Converse Bank increased by 90% to 100 thousand. -0-

spot_img

POPULAR

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img