Converse Bank is recognized as the “Best Trade Finance Provider in Armenia” by Global Finance

YEREVAN, March 5. /ARKA/. Converse Bank has been recognized as the “Best Trade Finance Provider 2021 in Armenia” by the prestigious Global Finance magazine, for the second year in a row. 

The Bank was presented with this prestigious award owing to the outstanding results in the sphere of trade finance proven by the unprecedented growth in the volume and quantity of transactions as well as the expansion of transactions’ geographical coverage. 

Important to note that Converse Bank has received several prominent awards in trade finance, among which for two years in a row the Bank was awarded with the “Deal of the Year – Green Trade Award” by the EBRD and the “Trade Finance Award” by Commerzbank AG.

For the full list of the 2021 World’s Best Trade Finance Providers, click here: Global Finance Magazine – World’s Best Trade Finance Providers 2021 -0-

spot_img

POPULAR

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img