Fri, 27 February
5.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Conversebank reopens renovated branch in Charentsavan

YEREVAN, October 15. / ARKA /. Armenian Conversebank has reopened today a renovated branch in the town of Chrentsavan in central Kotayk province.

“The number one priority for all our branches is to provide high quality services,” the first deputy executive director of the bank Arthur Hakobyan was quoted as saying in a press release. He also said the bank plans to renovate the rest of regional branches by the end of 2014 and bring them in line with the common corporate style.

The renovated branch in Charentsevan is designed to provide modern banking services. Conversebank recalled that earlier it had renovated its branch in the town of Abovyan.

Converse Bank is owned by Argentinean Armenian businessman Eduardo Eurnekyan (95 percent) and by the Armenian Apostolic Church (5 percent). -0-

spot_img

POPULAR

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Investment portfolio of Armenian credit institutions in 2025 exceeded 103 billion drams

The total investment portfolio of Armenian credit institutions at the end of 2025 amounted to 103.4 billion drams, according to the consolidated financial report of the country's credit institutions.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

LATEST NEWS

spot_imgspot_imgspot_img