Converse Bank and Kapitalbank sign cooperation agreement at Sibos 2024

YEREVAN, October 22. /ARKA/. ‘We are happy to announce that Converse Bank “PJSC” has signed a framework agreement with the Uzbek JSCB Kapitalbank during the Sibos 2024 international conference, held in Beijing,’ the bank said in a press release today.

‘This is an important step for both Converse Bank and its partners, representing a significant document aimed at expanding international cooperation in key areas:

  • Financing of foreign trade transactions, and support for clients in export and import matters;
  • Cooperation in financial markets, including joint operations in currency and money markets.

With this partnership, the Bank expands its international network of partnerships, providing its clients with new opportunities for business growth and success.

“Thanks to reforms, Uzbekistan’s economy is demonstrating impressive growth, attracting foreign investment and advancing key sectors. Kapitalbank is a driving force of transformation in the country and one of its market leaders. With this new collaboration, Kapitalbank becomes a strategic partner of Converse Bank, not only in Uzbekistan but across Central Asia,” said,Grant Akopian, Chief Financial Officer, Deputy CEO at Converse Bank, expressing gratitude to all supporters.

It is worth noting that Sibos 2024 is the annual meeting of the SWIFT international system, taking place from October 21-24 in Beijing.’-0-

spot_img

POPULAR

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

A 5 MW solar power plant was built in the village of Lanjar with the assistance of Acba Leasing

Lanjar Energy's 5 MW solar power plant with a capacity of 9 million kWh is located in the village of Lanjar in the Ararat region.

LATEST NEWS

spot_imgspot_imgspot_img