Monday, September 11 2017 17:30
Alina Hovhannisyan

Converse Bank took part in Armenia Expo-2017 annual exhibition

Converse Bank took part in Armenia Expo-2017 annual exhibition

ArmInfo. Converse Bank took part in the annual exhibition Armenia Expo-2017, where the guests of the pavilion got acquainted with the conditions of mortgage lending, loans to SMEs, energy efficiency loans, car loans and student loans. As the press service of the Bank told ArmInfo, when choosing products and services presented in the pavilion, Converse Bank took into account the most diverse preferences and requirements of potential clients of different age categories.

Particularly, within the framework of the program "Affordable housing for young people", the bank lends at an interest rate of 9% per annum, of which 2% is subsidized for mortgages in Yerevan, and 4% - for mortgages in the regions, and with financing by the National Mortgage Company - interest rate of 11% per annum.

According to the stock  "Create your credit history" for students when conducting a non-cash transaction for the amount of 500 AMD and more will be able to receive a mortgage loan at Converse Bank at an interest rate below the current one.

Within the framework of the ConverseQvota service, clients have the opportunity to trade in the partner network of the bank with a credit card with a phased repayment of the spent sum without interest or commission.

To recall, Converse Bank has been operating in the Armenian market since September 1996. As of July 1, 2017, the Bank's shareholders are Advanced Global Investments LLc (hand-Eduardo Ernekian) - 80.94%, HayPost Trust Management B.V. - 14.06%, the Cathedral of the Mother See of Etchmiadzin - 5%. As of July 1, 2017 assets of Converse Bank amounted to 217.3 billion AMD, liabilities - 183.3 billion AMD, and the total capital - 34.1 billion AMD.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000