ConverseBank’s new executive director already known

Banks
Конверс Банк, Converse Bank
Конверс Банк, Converse Bank

YEREVAN, August 23. /ARKA/. The new executive director of ConverseBank is Arthur Hakobyan, according to the bank’s official website.

Hakobyan succeeded Tigran Davtyan as executive director.

ConverseBank was registered on December 20, 1993. In February 2007, Eduardo Eurnekian, an Argentine entrepreneur of Armenian descent, acquired 95% of the bank’s shares. The remaining 5% belong to the Armenian Apostolic Church. –0—

spot_img

POPULAR

Exchange market

Euro and US dollar exchange rates rise against the Armenian dram; ruble falls – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on November 9, 2026, increased by 0.09 points compared to November 6, reaching 360.34 drams.
Loans

ARKA News Agency releases “Credit Organizations of Armenia” bulletin for Q3 2026

The ARKA news agency has released the latest issue of its quarterly financial and economic bulletin, "Credit Organizations of Armenia (Key Performance Indicators)," covering the third quarter of 2026.
Exchange market

Euro exchange rate against the Armenian dram continues to decline; dollar rises – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market, rose by 0.03 drams on November 12, 2026, compared to November 11, reaching 360.51 drams.
Announces

Acba Bank Launches Its Own Processing System

Acba Bank is transitioning to its own payment processing system, aiming to enhance the quality of its services and introduce new technological solutions and offerings for its clients.
Announces

Net profit of Armenian credit institutions fell by 26.62% over the first 9 months, to 30.27 billion drams

The aggregate net profit of credit organizations in Armenia for the period from January to September 2026 totaled 30.27 billion drams, down 26.62% from the 41.26 billion drams recorded during the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
ACBA-CREDIT AGRICOLE BANK and Armenian regulator sign agreement to provide green loans to SMEs
ACBA-CREDIT AGRICOLE BANK and Armenian regulator sign agreement to provide green loans to SMEs
Next article
ВТБ
VTB Bank (Armenia), Mastercard and Odnoklassniki launch new money transfer service