Converse Bank

The bank provides universal banking services, emphasizing provision and development of retail banking services.

The bank is a full member of SWIFT payment and settlement system and VISA international card payment system, founding member of ArCa local card payment system, and affiliated member of MasterCard international card payment system. It cooperates with MoneyGram, Unistream, and Best payment systems. The BANK is the operator and settlement bank of Converse Transfer payment system.

The bank issues and services the cards of VISA and MasterCard international card payment systems and ArCa local card payment system.

The bank is public debt management agent at the Republic of Armenia market of short-term, mid-term, and long-term government treasury coupon bonds, participant of NASDAQ OMX-Armenia Stock Exchange.

It is member of “Central Depository of Armenia” OJSC unified settlement and registration system.

Converse Bank has 34 branches,119 ATMs and 60 terminals all over Armenia.

The shareholders of “Converse Bank” CJSC are: Advanced Global Investments LLC (80.94%), HayPost Trust Management B.V. Company (14.06%), and the Armenian Apostolic Church (5%).

As of December 31, 2019, the total capital of the bank is AMD 44 972 239 thousand, assets – AMD 326 558 473 thousand, liabilities – AMD 281 586 234 thousand.

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