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.
Unibank raised the interest rate on the deposit “Classic” in AMD up to 10.25%. You can deposit funds for up to 730 days with income payment on a monthly basis or at the end of the deposit term.
5 November, 2020 Ameriabank has entered into long-term subordinated loan agreement with Symbiotics SA for USD 15 million, with possible increase up to USD 25 million. The funds qualify as Bank Tier 2 capital instrument under Basel III framework and are aimed at strengthening the overall capital position of the Bank.
Ameriabank issued a Green Bond in EUR for the equivalent of USD 50 million, marking a milestone in the local financial market as the first ever Green Bond project in Armenia. The Green Bond was structured in accordance with internationally recognized ICMA Green Bond Principles (the GBP).
The reliability of Unibank bonds is strengthened by insurance guarantees. The bank’s obligations are insured by the Deposit Guarantee Fund of Armenia – for individuals, the guaranteed amount of compensation is $ 10,000.
We are happy to announce that Converse Bank has been awarded with the “Euro STP Excellence Award 2019” by Commerzbank AG for operational excellence in processing of international transfers via SWIFT both quantity and quality-wise.
