Converse Bank finalizes results of ‘Meet the Champions’ campaign

YEREVAN, May 31. /ARKA/. Converse Bank has finalized the results of MEET THE CHAMPIONS campaign. The Campaign had been launched in March for MasterCard and Maestro cardholders of Converse Bank to encourage customers and to expand noncash transactions.

“In the course of the Campaign, starting from March 26 through May 10, both the quantity and the amount of noncash transactions with MasterCard and Maestro cards of Converse Bank grew substantially versus the same period in the past year. In particular, the turnover of noncash transactions with the Bank’s cards grew by 23%, and the number of noncash transactions grew by 77%,” the Bank representative said.

Simultaneously, when making noncash shopping in the partnering network of the Bank, the Campaign participants enjoyed cashback and accumulation of Converse points, and the top 10 participants won various prizes in a lottery, of which 6 cash prizes at AMD 100,000 each, 3 cash prizes at AMD 250,000 each, and 1 ticket for 2 persons for UEFA Champions League Final (including air ticket and accommodation).

It is important to note that the cardholders having made at least 25 noncash transactions to a total amount of AMD 400,000 (equivalent foreign currency) had been qualified to take part in the lottery.

Converse Bank was registered on December 20, 1993. Its shareholders are Advanced Global Investments LLC (Argentina) – 80.94%, the Armenian Apostolic Church – 5% and the HayPost Trust Management B.V. Company, Armenia’s national postal operator – 14.06%. -0—

spot_img

POPULAR

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch Campaign

IDBank has expanded its card portfolio with the new Mastercard World card, created for those who value convenience not only in their everyday purchases but also while traveling.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

LATEST NEWS

spot_imgspot_imgspot_img