Converse Bank becomes Santa Claus for children from remote villages for 8th year in a row

YEREVAN, December 27, /ARKA/. Within the framework of the traditional “Become Santa Claus” project implemented by Converse Bank, yesterday, on December 26, the Bank’s employees visited two settlements in Vardenis region and presented New Year gifts to school children who had requested those gifts in their letters to Santa Claus.

A total of 79 school children have turned beneficiaries of “Become Santa Claus” project this year.

“Visiting children just before the New Year holidays is a pleasant tradition, which we look forward to all year round. “Become Santa Claus” already has a history of 8 years and is one of Converse Bank’s most important corporate social responsibility projects. Since 2011, Converse Bank, together with its customers and employees, has been the Santa Claus for about 800 children living in remote and borderline villages of Tavush, Lori, Shirak and Syunik regions, fulfilling their New Year wishes and making a small holiday for them”, Converse Bank said in a press release, thanking customers and employees for active participation in the project, for their caring and loving attitude, and the warmth they show for children.

Converse Bank CJSC was registered on December 20, 1993. The bank’s shareholders 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

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.

KPMG’s audit of Renshin confirms the accuracy of its financial statements – CFO

“The audit confirms key parameters such as capital adequacy, liquidity, and asset quality՞, said Kristine Chichyan, the company’s CFO.

Central Bank of Armenia should be prepared to raise refinancing rate – IMF

The Central Bank of Armenia should be prepared to raise the refinancing rate as needed to return inflation to the target level amid rising inflationary pressures and heightened uncertainty, stated Alexander Timan, head of the IMF mission to Armenia.

IMF Improves Armenia’s GDP Growth Forecast to 5.3% in 2026

The International Monetary Fund (IMF) forecasts real GDP growth for Armenia at 5.3% in 2026 and 5.5% in 2027, according to the April World Economic Outlook, published on April 14.

Euro ups against dram, while the dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 17, 2026, decreased by 0.35 points compared to April 16, to 373.81 drams.

LATEST NEWS

spot_imgspot_imgspot_img