Converse4Women - comprehensive support for Converse Bank female borrowers
14.06.2021 - Converse Bank, under a loan agreement with the European Bank for Reconstruction and Development, has attracted another tranche of $ 1 million in loans under the Converse4Women package. Within the framework of the package, both start-ups and existing businesses are financed for working capital, acquisition of fixed assets or repayment of accounts payable for a period of up to 7 years, on competitive terms. It can be used by individual entrepreneurs - women, legal entities where at least 50% of shareholders, or ultimate beneficiaries with direct or indirect participation are women. Free financial consulting services as well as banking products on preferential terms are provided to businessmen, entrepreneurs engaged in trade, service, production, tourism and agriculture sectors.
One more type of Converse Bank lending made available on the SME online lending platform
30.04.2021 - Converse Bank has expanded the list of lending products for small and medium-sized enterprises (SMEs), now available on the online platform: https://sme.conversebank.am/. Small and medium-sized businesses now have the opportunity to obtain loans within the framework of the Bank’s Bridge Online lending product, to replenish working capital or finance short-term liquidity. Bridge Online lending is one of the best short-term financing instruments for small and medium enterprises, which differs from other similar products on the market primarily with its flexibility. It allows the customers to plan their income and, accordingly, choose the repayment period: the shorter the repayment period, the lower the interest rate.
Online lending to small and medium-sized businesses is now available on the Converse Bank website
27.04.2021 - Converse Bank announces the launch of an online platform for lending to small and medium-sized enterprises (SMEs): https://sme.conversebank.am/ The launch of the platform is another step towards comprehensive banking and consulting services for our SME clients. Last year, after having assessed the requirements of the bank's corporate clients, Converse Bank established a designated center for financing small and medium-sized enterprises in Armenia, where entrepreneurs can not only use complex banking services, but also benefit from the consulting support to launch and develop their business. At this stage, with the launch of an online platform for lending to small and medium-sized enterprises, Converse Bank invites entrepreneurs to fill out a loan application by following a few simple steps from the link above, thus saving time on visiting the bank.
SME lending has become more attractive
12.03.2021 - Converse Bank has launched a comprehensive package of credit products for the rehabilitation and development of small and medium enterprises (SMEs), significantly improving the terms of some types of loans and launching an SME lending campaign. Within the framework of lending products, Converse Bank offers SME enterprises fast lending without income analysis and within a short period of time, with the purpose of replenishing the working capital, acquiring fixed assets and repayment of accounts payable. In particular, within the framework of "Converse Fast" lending product, the Bank offers its customers short-term loans without collateral in the amount of up to 20 million AMD, at a competitive interest rate. For Converse Blitz, longer loan repayment period is envisaged, up to 60 months, at a maximum amount of 30,000,000 AMD or equivalent foreign currency. Preferential lending conditions apply for the bank's current customers.
Converse Bank is recognized as the “Best Trade Finance Provider in Armenia” by Global Finance
05.03.2021 - Converse Bank has been recognized as the “Best Trade Finance Provider 2021 in Armenia” by the prestigious Global Finance magazine, for the second year in a row. The Bank was presented with this prestigious award owing to the outstanding results in the sphere of trade finance proven by the unprecedented growth in the volume and quantity of transactions as well as the expansion of transactions’ geographical coverage. Important to note that Converse Bank has received several prominent awards in trade finance, among which for two years in a row the Bank was awarded with the “Deal of the Year - Green Trade Award” by the EBRD and the “Trade Finance Award” by Commerzbank AG.
An Article about Eduardo Eurnekian in AGBU News Magazine
19.08.2020 - The Armenian General Benevolent Union (AGBU) has dedicated a broad article in its News Magazine. Magazine to the life and business activity of Eduardo Eurnekian, the Armenian national hero, the Argentinean businessman and philanthropist of Armenian descent. The article narrates interesting facts and episodes about Mr. Eurnekian’s first steps in business, the rich and extraordinary route passed by him, his role in the Argentinean and global economy, the companies he runs in Armenia and the charitable programs implemented through Fruitful Armenia.