ArmInfo.Converse Bank, in order to avoid the spread of coronavirus and congestion in branches, decided to defer payments on loans to individuals and private entrepreneurs until May 15 this year.
According to the Bank's press service, credit obligations that were not fulfilled during this period will not be considered overdue and, therefore, fines and penalties will not be charged on them. At the same time, Converse Bank encourages its individual customers to make their payments according to the repayment schedule, if possible, in order to avoid an increase in the monthly payment burden.
In addition, the Bank also calls for restricting the use of cash and, when conducting banking operations, give preference to online digital platforms of Converse Bank, in particular, such as Internet Bank, Payment Portal and Mobile Application.
Along with this, the Bank expressed its readiness to apply an individual approach and assist its legal clients operating in the hotel business, catering, transport, entertainment, restaurant and tourism sectors. Customers whose revenue due to circumstances beyond their control have decreased, which made it difficult to fully fulfill their loan obligations, can contact the Head Office or the corresponding branch of Converse Bank to change the repayment schedule.
In case of additional questions, you can call the Bank's Contact Center at (374 10) 511-211.
It should be noted that Converse Bank has been operating in the Armenian market since September 1996. As of January 1, 2019, the shareholders of the Bank are Advanced Global Investments LLc (led by Eduardo Ernekyan) - 80.94%, HayPost Trust Management B.V. - 14.06%; Cathedral of the Mother See of Etchmiadzin - 5%.
