Fri, 13 February
2.1 C
Yerevan
USD: 377.57 RUB: 4.89 EUR: 448.40 GEL: 140.67 GBP: 514.97

Central Bank of Armenia allows Converse Bank to set up and operate payment and settlement system

YEREVAN, October 22. / ARKA /. The Central Bank of Armenia has awarded the Converse Bank a license for the establishment and operating an Armenian payment and settlement system Converse Transfer, the regulator said today.

The decision to award the license was taken by the Central Bank at a meeting on October 21.

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

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (February 2–8)

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

The average exchange rate of the Armenian dram to the US dollar in January was 4.5% lower than a year ago

In January 2026, the average exchange rate of the Armenian dram to the US dollar was 380 drams, compared to 397.9 drams in January 2025.

Unibank Becomes  A-Level Member of Armenian- British Business Chamber

Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Unibank issued a statement

Unibank commented on the publication regarding its inclusion in the EU anti-Russian sanctions package.

LATEST NEWS

spot_imgspot_imgspot_img