ArmInfo. Converse Bank, acting as the underwriter of the debut bonds of the Vardanants Innovative  Medical Center (Arinterlev CJSC), announced the early completion of the public placement of this tranche. As explained in the message of Converse Bank, the tranche issued on April 1 was fully placed on the  primary market by April 11, instead of the originally planned end date of July 1.

ArmInfo. Converse Bank is  the underwriter for the debut tranche of registered coupon bonds issued by the Vardanants Center for Innovative Medicine (CJSC "Arinterlev").   According to a statement from Converse Bank, the public offering of  three-year dram bonds totaling 1 billion drams, with a coupon yield  of 12% will start on the primary market on April 1 of this year.   Specifically, 20,000 bonds were issued, each valued at 50,000 drams.  Coupon payments will be made semi- annually. The initial offering  period for this tranche is set to close on July 1, 2025, with the  maturity date of this issue (AMARLVB21ER3) being April 1, 2028.  For  more detailed information on the offering, placement, and  final  terms of the prospectus, please visit the link:  https://conversebank.am/hy/vardanants/ .

ArmInfo. Insurance company Ingo has introduced a completely new product for the financial market of  Armenia - insurance against job loss. The new product is designed to support employees by covering their financial obligations, even in the event of mutual dismissal.

ArmInfo.By changing the trademark from "INGO Armenia" to "INGO", the insurance company begins  a new stage of its development. As stated in the official statement of INGO IC , the new "simplified" brand name reflects the company's desire to simplify the understanding of its services, to make insurance simple, transparent and reliable. "INGO's mission is to reduce risks and provide clients with the freedom to make confident decisions," the company said in a statement.

ArmInfo.The EFES Insurance CJSC has de facto returned to the Armenian market. Having registered with  the Central Bank at the end of July this year, EFES Insurance CJSC managed to establish partnerships with six banks and the largest leasing company in Armenia as well as with a number of travel agencies, by October. In total, 51 organizations already act as insurance agents of EFES, including ACBA Bank, Converse Bank,  Araratbank, Evokabank, Inecobank, Byblos Bank and ACBA Leasing.

ArmInfo.The model of compulsory health insurance  system (CHI) conceptually proposed by the Armenian Ministry of Health, is not justified and is fraught with serious  risks. Haykaz Fanyan, head of the ACSES Analytical Center (Armenian  Center for Socio- Economic Studies), told ArmInfo.