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Promotion for the legal entities and private entrepreneurs getting state registration/record via "Converse Bank" CJSC

During the time period from March 1, 2017 until August 31, 2017, inclusive, "Converse Bank" CJSC carries out a campaign for the customers making use of the services specified by the functions of state agencies’ service offices, namely, new legal entities and private entrepreneurs making their state registration/record, as well as private individuals - managers of such entities (hereinafter referred to as the Promotion), on the following conditions:1

1. To set the following privileged conditions of banking products' usage for commercial legal entities, community and state non-commercial organizations getting state registration through the Bank, as well as private entrepreneurs getting state record through the Bank:

Type of service Tariff
Opening of current accounts  AMD 0
Maintenance of current accounts 50% of the approved service fee
Payroll cards On privileged conditions

2. The following privileged conditions for usage of banking services are offered to directors and chief accountants of the mentioned legal entities:

Type of service Tariff
Opening of savings accounts AMD 0 
Maintenance of savings accounts 50% of the approved service fee
Internet Bank system  AMD 0 
VISA Electron, VISA Classic, MasterCard Standard (including Woman’s), Visa Gold, MasterCard Gold payment cards 50% of the approved service fee

1Other conditions - according to the current tariffs of the Bank

The above-mentioned conditions apply during 1 month following the date of registration/recording of the entity by state authorities via Bank, at any branch of the Bank.

3 months after opening of the first account at the Bank by the mentioned legal entities and private entrepreneurs, consider the possibility of offering loans to such customers on the following conditions:

Commercial loan without collateral/credit line/overdraft - at an interest rate by 1 (one) percentage points lower than the current interest rate for the used portion, taking as a basis the average annual balance of all current accounts opened at the Bank by the respective entity during the latest 3 months, maximum - three-fold of the average daily balance, provided that the mentioned average balance is minimum AMD 500,000 or its equivalent in foreign currency (the remaining conditions and procedure - according to "Converse Bank" CJSC’s "Procedure of Commercial Lending").