Tuesday, June 20 2017 13:12
Alina Hovhannisyan

Converse Bank announced about cooperation with Armhotels.am site cashback action

Converse Bank announced about cooperation with Armhotels.am site cashback action

ArmInfo. Converse Bank has initiated cooperation with Armhotels.am site. To make the summer holidays more affordable and comfortable for customers, Converse Bank has initiated cooperation with armhotels.am site.  From June 15 through September 15, the customers of Converse Bank will get 5% cashback for booking hotels and ordering other services online, according to the Bank's press service.

"Converse Bank prioritizes the quality and affordability of services offered to its customers and promotes intensification of noncash transactions.  For that purpose the Bank already cooperates with a number of trade and service companies in Armenia by offering 10-50% discounts for noncash purchases in Armenia, and as well bonus and cashback campaigns to the cardholders of the Bank," we were told at the Bank.  At the same time, Converse Bank offers its cardholder up to 25% discount with its partners in Georgia.

Find details on  

http://benefits.conversebank.am/hy/current-promotions/item/2017/06/15/armhotels/ and http://benefits.conversebank.am/hy/current-promotions/item/2016/12/02/tbilisidiscounts/

According to the Armenian Banks in the Card Business Analytical Survey prepared by IC ArmInfo, Converse Bank is included in the TOP-5 as for the total number of active cards, as well as the number of Visa and MasterCard, and in the number of ArCa - in TOP-3. By April 1, 2017, the bank increased the total number of cards by 21.5% - to 157.4 thousand units. Moreover, the main growth fell on local ArCa - by 33.2% per annum - up to 91.7 thousand units, and partially on Visa - by 16% - to 47.2 thousand units, against which the meager reduction of MasterCard is not Influenced the pace of the ascending dynamics of the total number of cards. The volume of plastic transactions Converse Bank increased in the annual section by 10.5%, exceeding 200 billion AMD, and having confirmed this indicator in the second position. The share of ATM transactions is about 42%, with an annual increase in the absolute value of 7.3%. As of April 1, 2017, the Bank has 103 ATMs and 637 own POS terminals, with an annual growth of 5.1% and 25.9%, respectively. Converse Bank issues and serves equally with local ArCa cards Visa and MasterCard, acting as one of those single banks who are active both in terms of technological solutions and the introduction of on- line payment services and motivational campaigns.

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10 billion

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200 million

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200 million

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200 million

Yield at cut-off price

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