Finance

OIL:  BRENT - 74.99-0.95 WTI - 69.20-0.79
COMEX:  GOLD - 1981.00-0.73 SILVER - 23.37+0.52
COMEX:  PLATINUM - 986.30-0.48
LME:  ALUMINIUM - 2337.00+0.47 COPPER - 8921.50-1.21
LME:  NICKEL - 23468.00+4.22 TIN - 24830.00+1.98
LME:  LEAD - 2125.50-0.02 ZINC - 2891.50-0.53
FOREX:  USD/JPY - 130.69+0.27 EUR/GBP - 1.0759-0.58
FOREX:  EUR/USD - 1.0759-0.58 GBP/USD - 1.223-0.38
STOCKS RUS:  RTSI - 977.75-1.18
STOCKS US: DOW JONES - 32237.53+0.41 NASDAQ - 11823.96+0.31
STOCKS US: S&P 500 - 3970.99+0.56
STOCKS JAPAN:  NIKKEI - 27385.25-0.13 TOPIX - 1955.32-0.10
STOCKS CHINA:  HANG SENG - 19915.68-0.67 SSEC - 3265.65-0.64
STOCKS EUR:  FTSE100 - 7405.45-1.26 CAC40 - 7015.10-1.74
STOCKS EUR:  DAX - 14957.23-1.66
24/03/2023  CBA:  USD - 388.07-0.26 GBP - 473.33-4.04
24/03/2023  CBA:  EURO - 416.17-6.14
24/03/2023  CBA:  GOLD - 24678.37+340.54 SILVER - 285.72+6.74
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Converse Bank offers "Bridge" short-term SME lending product
31/05/2019 20:49

Converse Bank offers "Bridge" short-term SME lending product

Converse Bank offers the “Bridge” product, allowing SMEs operating in different  spheres to receive up to 12 months lending for replenishment or short-term liquidity financing. Lending is provided in three currencies – AMD, USD and EURO.

“Bridge” loan is one of the best short-term financing tools for small and medium-sized enterprises, which differs from similar offers in the market, first of all, with flexibility. It allows the customer to plan the revenue and, accordingly, select the repayment period. The shorter it is, the lower the interest rate. In case of full repayment of the sum in the first quarter, the annual interest rate is 10% in AMD, 6% in USD and 5% in Euro.

After lending, the customer may wish to extend the repayment period up to 48 months.

It was also mentioned that at the initial stage of lending no visit to Converse Bank is required. The required consultation will be provided by the Bank employees within the framework of their visit to SME.

Further details are available at https://www.conversebank.am/en/BRIDGELOAN/

Converse Bank offers "Bridge" short-term SME lending product 1

Ucom - high speed internet connection starting at AMD 6,500
AMD Rates
10:30 25/03 Buy Sell
AMD / USD 386.00 390.00
AMD / EUR 417.00 422.00
AMD / RUR 5.02 5.10
dollars
dollars
CBA Rates
24/03/2023
USD / AMD
388.07
-0.26%
EUR / AMD
416.17
-6.14%
RUR / AMD
5.07
-0.03%
GBP / AMD
473.33
-4.04%
Cryptocurrencies
10:30 25/03
BTC/AMD
10,683,389
-2.91%
BTC/USD
27529.54
-2.85%
ETH/USD
1750.98
-3.54%
BCH/USD
125.41
-2.72%
XRP/USD
0.447253
+2.25%
LTC/USD
92.81
-2.78%
BNB/USD
324.01
-0.58%
DOGE/USD
0.075037
-2.25%
ETH/BTC
0.063603642
-0.70%
BCH/BTC
0.004555565
+0.15%
XRP/BTC
0.000016246
+5.25%
LTC/BTC
0.00337145
+0.08%
BNB/BTC
0.011769445
+2.34%
DOGE/BTC
0.000002726
+0.63%
CBA Metals
24/03/2023
dram / gram
Gold
24678.37
+340.54%
Silver
285.72
+6.74%
FOREX
09:26 25/03
EUR/USD
1.0759
-0.58%
GBP/USD
1.223
-0.38%
USD/JPY
130.69
+0.27%
EUR/GBP
0.8795
-0.20%
Oil
09:26 25/03
$ / barrel
Brent
74.99
-0.95%
Light Sweet
69.20
-0.79%
COMEX
09:26 25/03
$ / tr. oz
Gold
1981.00
-0.73%
Silver
23.37
+0.52%
Platinum
986.30
-0.48%
LME / 3M
09:26 25/03
$ / tonne
Aluminium
2337.00
+0.47%
Copper
8921.50
-1.21%
Nickel
23468.00
+4.22%
Tin
24830.00
+1.98%
Lead
2125.50
-0.02%
Zinc
2891.50
-0.53%
Molybdenum
62015.96
-5.76%
Cobalt
34180.00
+0.00%
Indexes
09:26 25/03
point
Dow Jones
32237.53
+0.41%
S&P 500
3970.99
+0.56%
NASDAQ
11823.96
+0.31%
FTSE
7405.45
-1.26%
CAC 40
7015.10
-1.74%
DAX
14957.23
-1.66%
RTSI
977.75
-1.18%
Nikkei
27385.25
-0.13%
Topix
1955.32
-0.10%
Hang Seng
19915.68
-0.67%
SSEC
3265.65
-0.64%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
10.75
+0.00%
Lombard Repo
Lombard Repo Rate
12.25
+0.00%
Deposit
Deposit Rate
9.25
+0.00%
Macroeconomy
01/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
177.7
+1.40%
Export 1
Export
572.8
+130.0%
Import 1
Import
727.1
+72.5%
CPI
Consumer price index
+8.10
Avg. Salary 2
Average salary
249,278
+22.0%
Services 3
Volume of services
216.0
+25.9%
Construction 3
Volume of construction
16.0
+12.2%
1 - mln AMD, 2 - AMD, 3 - bln AMD