YEREVAN, May 26, /ARKA/. Starting from May 21, 2014 “Converse Bank“ cjsc was granted the status of account operator of the funded pension system. As an account operator Converse Bank will service funded pension system participants, intermediating the services, provided by the Central Depository of Armenia to the participants, Nasdaq OMX Armenia stock exchange said.

“Converse Bank” cjsc joined the list of  6 account operators of funded pension system, currently operating in Armenia, including "Haypost" cjsc and 5 banks: "ARARATBANK" ojsc, "ARMBUSINESSBANK" cjsc, "Ardshininvestbank" cjsc, "HSBC Bank Armenia" cjsc, "VTB BANK (Armenia)" cjsc.

Funded pension system participants may refer to mentioned account operators and “My Account” application for managing their pension accounts, particularly submit application for selection of the fund and fund manager and other applications, as well as receive information and statements on operations with their pension account.

The list, contact details as well as information servicing branches of Account operators is available on “Pension account operators” page (http://nasdaqomx.am/en/pension_account_operators.htm) of NASDAQ OMX Armenia official web-site (www.nasdaqomx.am).

Converse Bank CJSC is a 20-year-old dynamically growing bank, which offers various services for individual and legal entities. The stable development of the Bank is due to transparent operation and reasonable policies of financial management. The Bank’s dynamic growth is provided by its highly-qualified professional staff, thanks to which the Bank is able to quickly respond to changes in the market and continually offer new, convenient and interesting banking services to the clients.

In January 2008, Nordic exchange operator OMX Group acquired 100% of the shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA became fully owned by the NASDAQ OMX Group, Inc.

On January 26, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of  Armenia” ojsc. -0-