Placement will be followed by listing of the bonds on NASDAQ OMX Armenia corporate bonds’ platform for trading on the secondary market.

The total value of the issue is AMD 1 billion. The face value of one bond is AMD 100.000, the maturity period is 24 months with semi-annual coupon payment frequency. The coupon rate is 10.5% per annum, and the effective rate is 10.78 %.

The minimum number of bonds to be purchased is 15, which is AMD 1.500.000 in monetary terms.
Note that Converse Bank CJSC’s shareholders are "Advanced Global Investments" LLC (80,94%), HayPost trust Management B.V. Company (14.06%), the final beneficiary of which is Eduardo Eurnekian, Argentine businessman of Armenian origin, and the Armenian Apostolic Church (5%).

The Bank provides whole range of banking services: lending, deposits, payment cards, Investment and depositary services , remote services, online payments, etc.

As of 01.07.2017, the Bank’s assets amount to AMD 217,338,330 thousand, the liabilities - AMD 183,270,439 thousand, and the total capital - AMD 34,067,891 thousand.