Converse Bank launches new payment portal

YEREVAN, October 19. /ARKA/. Adhering to the policy of transforming Converse Bank into a leading technological bank, as well as continuing the strategy of shifting provision of banking services to electronic platforms, Converse Bank has launched a new payment portal, which allows making of various types of payments through a single internet platform, the bank’s pres office reported on Tuesday.

“Launching this portal, Converse Bank takes care not only of its customers; payments through the portal can be made not only by Converse Bank’s customers, but also by cardholders of ARCA, Visa, and MasterCard cards issued by member banks of ARCA processing company,” the bank says in it press release.

Visiting Converse Bank’s official website / https://www.conversebank.am/hy//, cardholders will be able to make payments at a time and from a place convenient for them, paying for utilities, the services provided by the connection and telecommunication operators /Ucom, Beeline, Vivacell MTS, Rostelecom/, as well as fees and penalties for parking of vehicles.

“With the purpose of offering even more convenient conditions to customers, Converse Bank’s Mobile Banking application will also be launched in the forthcoming months,” the bank’s press service reports.
Converse Bank was registered on December 20, 1993.

In February 2007, Eduardo Eurnekian, Argentine entrepreneur of Armenian descent, bought 95% of the bank’s shares.

The remaining 5% belong to Armenian Apostolic Church.

Converse Bank’s assets totaled AMD 150.8 billion in the second quarter of this year (5% decline) and liabilities AMD 128.9 billion (6.6%). Its profits for the first half of this year amounted to AMD 978.6 million (29.4% growth). –0—-

spot_img

POPULAR

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — 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 October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter

Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.

Ranking of Armenia’s most profitable banks for the first nine months of 2026

The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

Armenia Seeks to Extend Cashback Program for Pensioners Through 2029

Armenia plans to extend a program offering a 20% cashback to pensioners on non-cash purchases made with bank cards until the end of 2029, according to the Ministry of Labor and Social Affairs of the Republic of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img