Mon, 12 January
-3.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

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

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img