Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.
Unibank to Issue Cards Featuring Designs Created by Kids
Converse Bank has been awarded the BACEE Award for International Banking Co-operation during the 50th Jubilee Conference of the Banking Association for Central and Eastern Europe (BACEE).
Grant Akopian, the Chief Financial Officer and Deputy CEO of Converse Bank, as well as a member of BACEE’s Board of Directors, commented on the occasion: “It is an honor for Converse Bank to be the Diamond Sponsor of the BACEE Jubilee Conference.
Unibank, along with leading financial organizations, was a supporting sponsor of the 2025 BAFT Asia Bank to Bank Forum, an exclusive regional event for senior-level professionals and decision-makers. The forum was held in Singapore in conjunction with GTR Asia.
Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.
Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship. For many years, Unibank has actively supported professional sports and has implemented a wide sponsorship program covering football, futsal, wrestling, cycling, […]
Moody’s has upgraded Unibank long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable. The bank’s Baseline Credit Assessment (BCA) and Adjusted BCA have been upgraded to b2 from b3, long-term local and foreign currency Counterparty Risk Ratings (CRRs) to B1 from B2, and the long-term Counterparty Risk Assessment (CR Assessment) to B1(cr) from B2(cr). In addition, Moody’s affirmed the Not Prime (NP) short-term local and foreign currency bank deposit ratings, NP short-term local and foreign currency CRRs and the NP(cr) short-term CR Assessment.
Converse Bank has secured trade finance line from the International Finance Corporation (IFC). The agreement was signed on June 16 in Vienna by IFC’s Regional Industry Manager, Financial Institutions Group, Europe, Etleva Koka and Converse Bank’s CEO, Chairman of the Executive Board Andranik Grigoryan. It aims at strengthening Bank’s support for importers and exporters in Armenia and enhancing the Bank’s capacity to facilitate international trade, improve access to global markets, and provide better financing solutions for its customers involved in trade worldwide.
Unibank has announced the launch of its new promotional campaign “Become a Millionaire,” which will run through September 12, 2025. Participants will have the chance to win valuable prizes, including certificates worth 1 000 000 AMD, iPhone 16 Pro or Samsung Galaxy S25 Ultra smartphones, concierge service.
