Converse Bank has made the terms of “Converse 25” deposit more attractive, offering up to 9,5% interest rate for the first year of a deposit in AMD and up to 5% in case of a USD deposit. The interest rate will rise for the second year, reaching maximum 9,75% and 5,5%, respectively.
The collector coin has been designed by Haroutiun Samuelian (obverse) and Vardan Vardanyan (reverse). It has been minted in the Lithuanian Mint.
In case of making purchases with Converse Bank’s Mastercard plastic cards, cardholders will not only get the opportunity to participate in the lottery for a journey to Walt Disney Studio Park organized by MasterCard payment system, but also to make use of the Bank’s profitable offer to accumulate Converse points and exchange them for gifts in the Bank’s partner network.
Converse Bank has improved the terms of services offered to its young customers within the framework of the campaign “Create Your Credit History”. Given the demand for it, it will be offered to the Bank’s customers as a separate product.
For the first time in Armenia a strategic foreign investor acquired an Armenian mining company through joint financing of three Armenian banks. AIM-listed Chaarat Gold Holdings Limited acquired 100% of shares of “Kapan Mining and Processing Enterprise” CJSC for USD 55M from a company listed on the same stock exchange which is a subsidiary of Russian Polymetal Group.
Towards the agricultural season, Converse Bank has launched a new loan type “Agro” offering affordable and competitive interest rates to start-up and growing agricultural businesses.
Under the UK BIT, Lydian UK may submit the dispute to international arbitration three months after such formal notification, and under the Canada BIT, Lydian Canada can do so after six months. In the meantime, the Government of Armenia has an opportunity to continue amicable discussions with Lydian with a view to the prompt settlement of the disputes.
Converse Bank congratulates women on the occasion of the spring holidays and makes a number of surprises.
The European Union is fully ready to support Armenia in its reforms agenda and implementation of development programs in general, Prime Minister of Armenia Nikol Pashinyan said at the beginning of the Cabinet meeting, introducing the results of his Brussels trip.
Armenian Prime Minister Nikol Pashinyan has expressed hope that the price issue of Russian gas supplied to Armenia will be possible to resolve in 2019.
