BUSINESS & ECONOMY

Following the results of 2020, Unibank became the leader in the number of provided POS loans. The bank’s share is nearly 20% of the total volume of the POS loan market.

The spring holidays are at full swing in Converse Bank. The Bank, in cooperation with its commercial retail partner Hermitage, comes up with a new surprise.

During the Women’s holidays, all “Woman’s Card” cardholders of Converse Bank will participate in a Cashback campaign by making non-cash purchases of 20,000 AMD or more at any point of sale. Based on their purchases, they can be entitled to up to 50,000 AMD in cashback.

The 13th issue of Unibank AMD denominated bonds was listed on the. The issue volume makes up 1 billion AMD with the annual 10,5% coupon yield. Taking into account the high demand from investors, the placement of bonds ended prematurely.

During the Women’s holidays, all “Woman’s Card” cardholders of Converse Bank will participate in a Cashback campaign by making non-cash purchases of 20,000 AMD or more at any point of sale. Based on their purchases, they can be entitled to up to 50,000 AMD in cashback.

Converse Bank has launched a comprehensive package of credit products for the rehabilitation and development of small and medium enterprises (SMEs), significantly improving the terms of some types of loans and launching an SME lending campaign.

Converse Bank is presented with the prestigious “Deal of the Year – Green Trade 2019” award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households”.

Unibank’s data center is now fully powered by solar panels. This is the first banking data center in Armenia to be powered by a renewable energy source.

The following branches of Converse Bank will continue operating during the New Year and Christmas holidays. On January 4, from 11:00 to 15:00 p.m. will be available the Customer Service Office of the Bank at the address 26/1 Vazgen Sargsyan, Yerevan and the branches “Central”, Araratyan”, “Kilikia”, “Nor Nork”, “Sayat Nova”, “Vanadzor”,“Kumayri”, “Artashat”, “Abovyan”, “Kapan”,“Echmiadzin”,“Dilijan”, “Hrazdan”, “Ashtarak”, “Armavir”, “Gyumri”, “Ijevan”, “Sevan”.

 The total revenues and expenditures of the state budget of the Republic of Armenia (RA) starting from 2008 are presented below in Graph #1. Numbers in USD million, and the exchange rate from AMD to USD is the planned exchange rate presented in the budget message for the given year.