Sun, 21 December
-5.9 C
Yerevan
USD: 381.47 RUB: 4.74 EUR: 446.97 GEL: 141.58 GBP: 510.45

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img