President Serzh Sargsyan Participates In Opening Of Renovated Post Office And Conversebank Branch In Kapan

KAPAN, October 15, /ARKA/. President Serzh Sargsyan participated today in the opening of a renovated post office and a Conversebank branch in Kapan, the administrative center of southern Syunik province.

The post office called Postbank Kapan 01 will provide its customers with postal and banking services while the branch will offer the entire package of banking services to corporate and individual customers.

Tigran Davtian, Conversebank board chairman, said the bank’s motto is to become accessible to every citizen of the country. He said some 250 post offices across the country will be renovated within next five years to offer banking services along with postal ones.

Arman Khachaturian, HayPost (Armenian Post) CEO, said the bank has turned to regions beyond Yerevan. The post office and the branch are equipped with modern computers and devices.

As part of an agreement signed with HayPost Conversebank offers banking services at some post offices, such as opening of savings accounts, currency exchange, cash transactions, money transfers, provision and servicing plastic cards ArCa, MasterCard and VISA. At the end of 2010 some 35 post offices in the country will be providing banking services to their clients.

HayPost has invested 450 million Drams this year in furnishing its offices with equipment for providing banking and postal services. Conversebank has 600 employees, 27 branches in 13 towns. ($1 – 361.18 Drams). -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Unibank Issues Perpetual Bonds with a 13.25% Annual Yield for Shareholders

Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: 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 June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

LATEST NEWS

spot_imgspot_imgspot_img