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
Ameriabank CJSC, Armenia’s largest bank, has been named the Best Bank Partner for Equipment Trade in Europe and Central Asia and the Best Issuing Bank in the Caucasus and Central Asia for 2019 by IFC, a member of the World Bank Group. This is the second consecutive time that Ameriabank is receiving the award for Best Issuing Bank in Caucasus and Central Asia.
The results of the student chemists’ tournament were summarized.Joint PR team of Yerevan State University and Mkhitar Heratsi State Medical University was acknowledged the winner of the tournament.
Fintech360 conference will take place on April 28-30 in Yerevan, Armenia. The conference is sponsored by the Central Bank of Armenia, Unistream Money Transfers and Unibank Armenia. The executives of banks, money transfer systems, payment systems, IT companies, startups and representatives of the government will discuss how applying innovative technologi es will impact the development and promotion of business.
Converse Bank has been announced the “Best Trade Finance Provider 2020 in Armenia” by the prestigous Global Finance Magazine at the 13th BAFT Global Annual Meeting in London.
