Tue, 24 February
7.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Converse Bank sponsors Yerevan international music festival

YEREVAN, September 12. /ARKA/. Converse Bank is the general sponsor of the 12th Annual Yerevan International Music Festival that started on September 10. This year the festival is dedicated to the 2800th anniversary of Yerevan.

Supporting the International Music Festival, Converse Bank makes another contribution to the development and promotion of the cultural sector.

“This is the most important event within the framework of Converse Bank’s 25th anniversary events. We are convinced that culture and art are the very important sectors that educate and mold generations, shape individuals. In this regard, we are confident that the format of society-business cooperation in terms of popularizing culture and art is one of the most effective formats, and with this understanding we have been participating in different projects promoting culture and art for above two decades”, said Artur Hakobyan, Chief Executive Officer of Converse Bank.

The most distinguished cultural initiatives of Converse Bank include Montserrat Caballé’s visit to Armenia and Artsakh, performance of Astor Piazzolla’s famous tango opera “Maria de Buenos Aires”, and Yerevan concerts by Barboza trio.

It should be mentioned that the program of the annual festival will be composed of 7 symphonic and 2 chamber concerts, 1 opera performance, and 2 solo concerts. Among many works, the Armenian National Philharmonic Orchestra will also perform world premieres. Classical music evenings will be held. The festival will close on October 25, with performance of G. Puccini’s opera “Madama Butterfly”, which will take place at the National Academic Theater of Opera and Ballet after Al. Spendiaryan.
All concerts of the festival will be headed by Eduard Topchyan, artistic director and principal conductor of the Armenian National Philharmonic Orchestra..

Converse Bank CJSC was registered on December 20, 1993. The bank’s shareholders now are the Advanced Global Investments LLC (Argentina) with a share of 80.94%, the Armenian Apostolic Church ( 5%) and the HayPost Trust Management B.V. Company (14.06%). -0-

spot_img

POPULAR

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

LATEST NEWS

spot_imgspot_imgspot_img