Armenian Conversebank announces Garun deposit campaign

YEREVAN, March 10, /ARKA/. Armenian Conversebank announced a new deposit campaign, inviting all women to invest their savings in Converse Bank as a deposit Garun (Spring) with exceptional terms.

Thus the minimum deposit amount is 50,000 Drams. Annual interest rates for AMD deposits with interest payments at maturity are 10 % for 6 months, 11% for 9 months and as much for 12 and 18 months.

Moreover, all women will be provided free VISA CLASSIC cards with photo without annual service fee, with credit limit in 100% of deposit amount by the end of validity date of the deposit agreement. Conversebank is owned by the Advanced Global Investments (95%), the remaining 5% is owned by Armenian Apostolic Church.  -0-

spot_img

POPULAR

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

Net inflow of remittances to Armenia from abroad increased approximately 2.7-fold in four months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $728.1 million in January-April 2026, compared to $273.4 million in January-April 2025, according to a report from the Central Bank.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

LATEST NEWS

spot_imgspot_imgspot_img