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
The Power of One Dram April Beneficiary: Davitbek Games NGOUcom and Impact Hub Yerevan Announce the Third Year of Green Innovation FellowshipUnibank Launches Referral Campaign “Invite Friends and Get Bonuses"Team Holding: The second phase of the placement of USD-denominated bonds has been completed. Underwriter - Freedom Broker Armenia. “A friend” needs money urgently. IDBank warns that trust can be exploited on social media.Denationalizing the ‘Map’ (Reflections on the ‘Real Armenia Ideology’)AraratBank at Leasing EXPO 2026: Special Leasing Offer for Energy-Efficient EquipmentUcom Offers Virtual Cloud Server (VPS) ServiceIDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME SectorUp to 25% idcoin When Buying Airline Tickets with IDBank Premium CardsAcba bank and the U.S.-based Interactive Brokers have signed an agreementIDBank and Idram Alongside the “Matemik” NGOIDBank Participates in Regional Conference of the Union of Banks of ArmeniaConverse Bank Receives STP Excellence Award Once AgainUnibank to participate in Leasing Expo 2026 with a special offerAraratBank in Lori: Competitive Solutions for Business and Economic DevelopmentIDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSUUnibank joins the Partnership for Carbon Accounting Financials (PCAF)Safe environment – Equal opportunitiesAraratBank Receives STP Excellence Award from Commerzbank AG
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.