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Daily Archives: Dec 17, 2024

Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board

Converse Bank is pleased to announce that Grant Akopian, its Deputy CEO and CFO, has been elected to the Board of Directors of the Banking Association for Central and Eastern Europe (BACEE).

Euro exchange rate rises by 0.81 points to AMD 413.89

The average market exchange rate of the US dollar to the Armenian dram on 17 December 2024 was AMD 394.59, up 0.77 points compared to 16 December.

IFC acquires $13.5M in Team Telecom Armenia bonds

IFC is anchoring a landmark $75 million sustainability-linked bond issuance by Team Telecom Armenia with a $13.5 million participation to boost digital infrastructure in Armenia. The project—the country’s first such bonds—aims to deliver faster, higher-quality mobile and fixed internet services to thousands of homes and customers.