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

New GAMES section launched on Novosti-Armenia website

A new digital section, GAMES, has been launched on the Novosti-Armenia website.

Armenia is discussing introducing bank restructuring mechanisms instead of liquidation procedures

The Parliamentary Committee on Financial, Credit, and Budgetary Affairs of Armenia yesterday approved the draft new law "On Bank Restructuring," which had been discussed in the first reading, along with several related laws.

In Armenia, commercial bank deposits grew by 2.2% and lending by 1.6% in March — World Bank

In March, commercial bank deposits increased by 2.2% (MoM), while lending grew by 1.6% (MoM), according to the World Bank's "Armenia Monthly Economic Update – May 2026."

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026”

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026” an event that brought together successful women leaders from various industries and professional fields.

Dollar and euro exchange rates against the Armenian dram fell, while the ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 18, 2026, fell by 0.19 points compared to May 15, to 368.04 drams.

LATEST NEWS

spot_imgspot_imgspot_img