Converse Bank announced start of traditional actions for International Women`s Day

ArmInfo. In connection with the spring holidays, Converse Bank announces the holding of traditional events timed to the International Women's Day. Within the first campaign, from March 1 to April 7, women will have the opportunity to get a Woman's plastic card at the Bank's branches, with a 50% discount on annual service fees in the first year and the possibility of opening a credit line.

As the press service of the Bank informs, within the framework of this action, all holders of the Woman's cards can receive a credit limit for a maximum amount of AMD 1 million, with a maturity of 36 months.  Women's plastic cards not only differ from others in their original design, but also allow cardholders to periodically use products, discounts and CashBack shares, which are regularly held for women. In addition, on the eve of the International Women's Day, from 6 to 8 March, a traditional CashBack Converse Bank will be held, which all cardholders can use. These days, making non-cash purchases in affiliate stores and points of sale, customers will receive an unprecedented return from transactions of 25%. "The CashBack campaign is held to encourage regular customers and provides an opportunity for cardholders to make advantageous purchases in connection with the International Women's Day in the Bank's partner network, which includes perfume shops, clothing, shoes, jewelry, accessories, gifts, sweets and other stores," - said in an official message of the Bank.

For more information, please refer to http://benefits.conversebank.am/hy/current- promotions/item/2018/02/22/womanscreditline/ and http://benefits.conversebank.am/hy/current-promotions / item / 2018/02/22 / cashbackmarch /. According to the Analytical Survey "Armenian Banks in Card Business" No. 16, prepared by IA ArmInfo, Converse Bank is included in the TOP-5 both in terms of the total number of active cards, and in terms of the number of Visa and MasterCard. By October 1, 2017, the bank increased the total number of active cards by 35.1% - to 183.8 thousand units. In the total number of active cards of the bank, Visa accounts for 28.2%, and MasterCard - for 12.5% (22.9 thousand units with an annual growth of 44.4%). The volume of plastic transactions Converse Bank increased over the 9 months of 2017 at 62% per annum to 239.1 billion drams, taking the first position on this indicator. As of October 1, 2017, the Bank has 104 ATMs and 753 own POS terminals, with an annual growth of 3% and 31.6%, respectively. Converse Bank issues and also serves Visa and MasterCard on a par with local ArCa cards.

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%.