Converse bank unveils “summer” deposit offer

YEREVAN, June 29. /ARKA/. As part of its earlier launched special offer, Converse Bank has unveiled today the “Summer” deposit offer that should be placed before September. The minimum amount is AMD 100 thousand, and the maturity period is 12 months. The bank said those who will do so will have the opportunities to take advantage of the bank’s interesting offers.

It said the annual nominal interest rate of the special offer is 10%, and in case of making it via Internet Banking system the rate is 10.5%. The interest amount for the whole maturity period of the deposit is paid at the time of making the deposit.

“Within the framework of the offer, the service of individual deposit boxes in “Kilikia” and “Nor Norq” “branches of Converse Bank will be provided at 50% discount from the standard tariff. Besides, the opportunity will be offered to get a credit card for an amount up to three-fold of the deposit amount”, the bank said in a press release.

The credit limit will be provided with the annual interest rate of 0%, with maximum maturity of 15 months, of which 3 months are the grace period. It means that loan repayment will begin from the fourth month of lending.

The credit limit can be used for the purpose of organizing summer vacation, within the framework of ConverseQvota campaign, in the Bank’s partner network.

“This is another advantageous offer of Converse Bank, which will enable the depositors to get income from their savings and, using lending services in parallel, to spend their summer vacation in the best conditions”, the bank said.

Detailed information on “Summer” deposit can be viewed by following the link https://conversebank.am/hy/depositsummer/, and those on ConverseQvota campaign and the partner network – https://conversebank.am/hy/quota/.

Converse Bank was registered in 1993. It is owned by an Argentinean Armenian businessman Eduardo Eurnekian, who holds 80.94% of the stake, the Armenian Apostolic Church (5%) and HayPost Trust Management B.V. Company – 14.06%.-0-

spot_img

POPULAR

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

LATEST NEWS

spot_imgspot_imgspot_img