Converse Bank announces 25 percent cashback for students

YEREVAN, November 15. /ARKA/. On the eve of the International Students Day, Converse Bank said it is launching another loyalty campaign – the Bank’s student cardholders can benefit from the opportunities offered by the announced CashBack campaign.

“Within the framework of the campaign, on November 16-18, the Bank offers its student customers to make non-cash purchases via Converse Bank’s POS terminals using the Bank’s Student, Visa ISIC cards and the plastic cards provided within the framework of Create Your Credit History campaign, and get CashBack equivalent to 25 percent of the transaction(s) amount”, – they said at the Bank, adding that this year more than AMD 10 million has been returned to customers in total.

It was also mentioned at the Bank that tomorrow, on November 16, the results of the campaign Create Your Credit History conducted for students will also be summarized. Within its framework, the students who have made non-cash purchases with the Bank’s cards for the amount of AMD 100,000 and more will get gifts, as well as the opportunity to apply for the Bank’s mortgage loans on preferential terms and get practical training at Converse Bank.

It should be mentioned that eligible participants of Create Your Credit History campaign are the students of the higher educational institutions covered by the Student Lending Program, as well as 12th-grade adult students and alumni of Ayb and Shirakatsy Lyceum educational complexes.

Within the framework of the campaign, until December 30, the beneficiaries will be provided with MasterCard Standard plastic cards with credit limit at 36 months maturity and 15 percent annual interest rate, without a service fee.

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

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank

Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

LATEST NEWS

spot_imgspot_imgspot_img