Monday, February 17 2020 16:28

Converse Bank has introduced ConverseGreen -“Green” financing product

Converse Bank has introduced ConverseGreen -“Green” financing product

ArmInfo.Converse Bank has launched corporate and SME financing project within the framework of ConverseGreen loan. It is designated to small, medium and large entrepreneurs, individuals and entities carrying out activities in the agricultural sector and development/construction organizations.

 

“ConverseGreen is a competitive offer directed towards expansion of energy efficiency and use of alternative energy. Financing within the framework of the lending will allow the entities to acquire equipment and technologies meeting the highest state-of-the-art standards, modernize their infrastructure ", - said Converse Bank .    

 

Key directions of funding include, in particular: acquisition  of heating and ventilation, lighting, cooling systems, building constructions’ improvement / repair /, acquisition of food processing  equipment, transport vehicles, agricultural machinery, solar panels installation and so on . 

 

The amount of financing under the product ranges from 5 million to 1 billion Armenian drams. Lending is provided with up to 60 months repayment period, at a competitive interest rate.    

 

It should be noted that ConverseGreen product was introduced within the framework of KFW “Energy Efficiency SMEs" project.

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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