We are pleased to announce that Converse Bank has made a significant stride in the realm of trade finance by becoming a confirming bank under the EBRD TFP.
Converse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia. As part of this partnership, IFC will provide an unfunded risk sharing facility that covers 50% of the credit risk on a loan portfolio of US$ 10 million equivalent, enabling Converse Bank to expand its lending capabilities to SMEs.
Converse Bank has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).
We are happy to announce that Converse Bank “PJSC” has signed a framework agreement with the Uzbek JSCB Kapitalbank during the Sibos 2024 international conference, held in Beijing. This is an important step for both Converse Bank and its partners, representing a significant document aimed at expanding international cooperation in key areas:
In order to encourage online and safe shopping, Converse Bank has announced a campaign for Visa Virtual cardholders with its digital, security 3D secure system.
