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

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

LATEST NEWS

spot_imgspot_imgspot_img