Acba bank and American Express have announced an expansion of their long-standing agreement which grants Acba the license to issue American Express Cards and acquire American Express-accepting merchants. Acba bank has been American Express’ exclusive licensee in Armenia since 2009.
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. This is an important step for both Converse Bank and its partners, representing a significant document aimed at expanding international cooperation in key areas:
The prestigious International CMC Conference, one of the most significant events for Armenian consulting and business communities, kicked off on October 7.
We are pleased to announce that UBPay Armenian Payment and Settlement System of Money Transfers has become a member of the International Association of Money Transfer Networks (IAMTN).
On September 19, Lusine Yeremyan, Group Marketing and Communications Director, Deputy General Director, and Group Management Board Member of “Yeremyan Projects,” participated in the second Global Armenian Summit in Yerevan.
Accor, a world leading hospitality group, today announces the signing of an agreement with 4A Capital LLC to open a new Mövenpick hotel in Armenia. Located in Tsaghkadzor, the country’s most popular ski and resort town, the 198-room newly constructed hotel, Mövenpick Resort Tsaghkadzor, is expected to open in 2026. Guests will enjoy the best […]
Converse Bank has joined the UN Global Compact Initiative by confirming its commitment to responsible business and sustainable development.
Unibank and Visa are implementing a new joint campaign, within the framework of which valuable gifts will be raffled off among the bank’s cardholders. The main prize of the campaign is a 7-day trip to Tunisia for two.
Unibank has completed the placement of coupon bonds worth AMD 2 billion and USD 5 million ahead of schedule. The bonds will be listed on AMX Armenian Securities Exchange.
Moody’s Ratings has affirmed Unibank OJSC’s B2 long-term local and foreign currency bank deposit ratings and changed the outlook on these ratings to positive from stable. At the same time, Moody’s affirmed the bank’s b3 Baseline Credit Assessment (BCA) and Adjusted BCA, NP short-term local and foreign currency bank deposit ratings, the bank’s B2/NP long-term and short-term local and foreign currency Counterparty Risk Ratings (CRRs) and the B2(cr)/NP(cr) long-term and short-term Counterparty Risk Assessments (CR Assessments).
