Tue, 3 February
2.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Converse Bank Receives BACEE Award for International Banking Cooperation at 50th Jubilee Conference

YEREVAN, October 22. /ARKA/. Converse Bank has been awarded the BACEE Award for International Banking Co-operation during the 50th Jubilee Conference of the Banking Association for Central and Eastern Europe (BACEE).

The award was presented in recognition of Converse Bank’s exceptional and consistent cooperation with BACEE, its commitment to ensuring financial stability, and the successful integration of international best practices into its operations. The Bank was also acknowledged for its efforts in advancing correspondent banking relations, active participation in trade finance initiatives, and engagement in regional multilateral projects

Mr. Andranik Grigoryan, CEO of Converse Bank, commented on the award:
“We are deeply honored to receive this prestigious recognition from BACEE. This award is a testament to our Bank’s consistent efforts in expanding international cooperation, promoting sustainable financial development, and supporting the growth of international trade. We are confident that through the joint efforts of BACEE and its member financial institutions, we will not only be able to overcome the current challenges in the industry, but also achieve sustainable growth, strengthen regional collaboration, and advance the use of digitalization and AI technologies.”

The 50th anniversary conference of BACEE took place on October 20–21 in Vienna, where Converse Bank was the Diamond Sponsor of the event.-0-

spot_img

POPULAR

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

LATEST NEWS

spot_imgspot_imgspot_img