Converse Bank within "Week of Argentine Wine" announces 25% of Cashback

ArmInfo. Converse Bank announces CASHBACK at a rate of 25% for Argentine wines in its partner network as part of the "Argentinean Wine Week", which will be held until April 29. As the press service of the Bank told ArmInfo, in the near future a number of similar actions will be held.

According to the source, in total, within the framework of Cashback shares announced by Converse Bank since 2014, over 260 million AMD were returned to the Bank's customers. At the same time, customers receive Converse Points for each purchase, which can be exchanged for gifts in the Bank's partner network.

By the action of Cashback, which is one of the best, most effective loyalty programs aimed at encouraging customers, Converse Bank, on the one hand, allows cardholders to make profitable purchases and save money, and on the other hand, facilitates the activation of non-cash transactions.

"Converse Bank periodically executes Cashback shares and in this regard is one of the leaders in Armenia in terms of the amount of money returned to customers, while we differ not only in the high degree of periodicity of such offers, but also in the size of the returned amount - 25% of CashBack unprecedented for Armenia ", the Bank reported.

Detailed information about the action and the partner network of the Bank can be found at http://benefits.conversebank.am/hy/currentpromotions/item/2018/04/19/wineweekcashback/.

According to the analytical review "Armenian banks in card business" No. 16, prepared by ArmInfo News Agency, Converse Bank, as for the total number of active cards, and the number of Visa and MasterCard is included in the TOP-5. 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 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 AMD, taking the first position on this indicator. As of October 1, 2017, the Bank has 104 ATMs and 753 own POS terminals. 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. 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%. The Bank's branch network has 34 branches, out of which 13 are located in Yerevan, 20 - in the regions of Armenia and 1 - in the NKR.