Converse Bank’s new Mobile application allows you to make domestic and international money transfers by following just a few simple steps. Mobile transfers can be performed with passport/ID data, Card2Card transfers to payment cards of foreign banks, SWIFT transfers, other. Accordingly, the transfer options can be easily accommodated to your needs even with limited information about the recipient.
Moody’s global rating agency has reaffirmed Ameriabank’s Ba3 long-term local currency bank deposits rating with stable outlook. Ameriabank believes that rating affirmation is an important factor amid the situation driven by COVID-19.
IFC, a member of the World Bank Group, is investing €18.5 million in the European Fund for Southeast Europe SA, SICAV-SIF (EFSE). The facility will be used for on-lending to micro, small, and medium enterprises (MSMEs) through banks and microfinance institutions in fourteen European and Central Asian (ECA) countries. EFSE is the largest regional debt facility financing MSMEs in the region.
The authorized capital of Converse Bank has increased by AMD 3,531 B (USD 7.4 M). The decision on replenishment of the authorized capital was taken at the General Shareholder Meeting of the Bank on April 2.
According to assessment, GDP loses (direct, indirect and induced) due to restrictive government policies (lockdowns) to contain spread of the virus over the world amounted over 250 billion USD per each working day or 0.3% of global GDP.
Converse Bank’s Card2Card service is available through the new Mobile application as well. The service enables cardholders of the Bank, as well as those of other ArCa member banks, to make transfers to Mastercard, Visa and ArCa payment cards which are non-ArCa system members, as well as to foreign bank payment cards, at any time and from anywhere in the world.
Converse Bank has launched a new Mobile Banking App. The app is simple, functional, and flexible. “Converse Bank was the first in Armenia to launch Mobile Banking App in 2014 enabling customers to partially move banking operations to digital platforms.
Moody’s Investors Service international credit rating agency has published its credit opinion update on Converse Bank on March 25, 2020.
Responding to the trends in the financial market, Converse Bank has revised the terms and conditions of mortgage lending carried out in partnership with the National Mortgage Company, by setting more competitive interest rates for a number of types of loans.
Converse Bank announces SME financing campaign
