Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
IDBank warns of scam calls impersonating pension fundsA little corner of France in Hrazdan, with the partnership of Converse SME Idram is the general partner of the "Towards Conscious Parenting 2026" annual conference Polytechnic University Graduation Ceremony Held with the Support of Unibank Converse Bank Completes the Placement of EBRD Bonds From Financial Adventures to Great Victories: The 4th Junius Financial Online Tournament Wrapped UpThe Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank Coffee, a Break, and Up to 10% idcoin with Idram&IDBank Ucom Introduces the New uMix 5000 Regional Package: 3 Services for Just AMD 5,000 per Month "Monaco glamour, Vegas energy, Macau prestige - yet uniquely Armenian." Artak Tovmasyan on how Seven Visions is redefining world-class hospitality Travel Without Borders: Ucom Introduces New uTravel Packages Artur Nakhshikyan has joined the Supervisory Board of Unibank "Your smartphone is locked": IDBank warns of cyberextortion that turns your smartphone into a "brick" “From Classroom to Orbit”: With Ucom’s Support, “Space 1.0” Is Being Introduced in 15 Schools Across Armenia AraratBank Reports Growth in its SME Loan Portfolio in 2025 Converse Bank and ADB expand access to MSME and sustainable finance in ArmeniaUnibank and "Vanq" Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan Armenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNet
All Timeline »
Society

Converse bank will cover the insurance costs within the framework of program lending

From now on the borrowers of Converse bank will be able to enjoy not only competitive interest rates, but they will also have the opportunity to get new real estate and accidental damage insurances.

We have achieved that thanks to our flexible and competitive financing conditions. To respond to the demands of the market, we are introducing an unprecedented offer, which is truly unique for Armenian banking. From now on, during the whole loan period, with the exception of the first year, the Bank will cover the real estate and accidental damage insurance expenses, as a result of which the actual annual interest rate of the loan will reduce. Unlike similar offers available in the banking system, we have set no other payments and service fees.

Converse Bank has been one of the leading banks in Armenia for many years thanks to its Affordable Housing for Youth and National Mortgage Company mortgage refinancing programmes. Compared to the same period last year, we have registered an increase of 46,5 % in the number of mortgage loans refinanced by Affordable Housing for Youth and the National Mortgage Company programmes, totalling at about 21,23 billion AMD at the end of May.

For further information please visit https://www.conversebank.am/hy/armenian-resident/ or contact us at +37410511211.

Converse Bank is overseen by Central Bank of Armenia.