Global Finance: Converse Bank is Armenia’s leading bank in Trade Finance

YEREVAN, January 27. /ARKA/. Converse Bank wins ‘Best Trade Finance Provider’ award by Global Finance, maintaining its leading position in this field in Armenia.
On 25th January, Converse Bank’s Chief Financial Officer Grant Akopian attended the BAFT 2023 Europe Bank to Bank Forum in London, where he received a prestigious award in trade finance.
“Trade finance has seen steady growth over the past year due to automation and the use of innovative technologies” said Global Finance’s Publisher and President Joseph D. Giarraputo, adding that the banks which have received awards are the leaders in their countries as to the products and services offered.
Expressing gratitude, Converse Bank’s Chief Financial Officer said: “It is a great honour for us to, once again, receive Global Finance’s ‘Best Trade Finance Provider’ award. The award confirms our flexibility of business and the effectiveness of the steps we have taken in trade finance. Today, Converse Bank uses a wide range of trade finance tools from lending to complex financing schemes to international refinancing funds, while guaranteeing high quality service. Our efforts to expand our services shall be continuous.
Global Finance is an international financial magazine, which was founded in 1987. It is published monthly and has a circulation of 50,050 copies and is distributed in about 200 countries around the world. According to Global Finance, Converse Bank was the leader in trade finance in Armenia in 2019 and 2021 too.
Converse Bank is overseen by Central Bank of Armenia. -0-

spot_img

POPULAR

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img