OIL:  BRENT - 64.28-0.62% WTI - 58.09-1.09%
COMEX:  GOLD - 1524.40+0.89% SILVER - 18.06+0.67%
COMEX:  PLATINUM - 946.90 +0.39%
LME:  ALUMINIUM - 1792.00+0.00% COPPER - 5805.00+0.26%
LME:  NICKEL - 17750.00+3.68% TIN - 16405.00-0.46%
LME:  LEAD - 2115.00+1.10% ZINC - 2310.00+0.54%
FOREX:  USD/JPY - 107.55-0.29% EUR/GBP - 0.8826+0.17%
FOREX:  EUR/USD - 1.1017-0.35% GBP/USD - 1.2478-0.56%
STOCKS RUS:  MICEX - % RTSI - 1377.38 -0.05%
STOCKS US: DOW JONES - 26935.07-0.59% NASDAQ - 8117.67-0.80%
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STOCKS EUR:  FTSE100 - 7344.92-0.16% CAC40 - 5690.78+0.56%
STOCKS EUR:  DAX - 12468.01+0.08%
20/09/2019  CBA:  USD - 476.13 AMD -0.13 GBP - 596.40 AMD +2.46
20/09/2019  CBA:  EURO - 525.98 AMD -0.76
20/09/2019  CBA:  GOLD - 22972.62 AMD -49.14 SILVER - 271.79 AMD -1.53
20/09/2019  CBA:  PLATINUM - 14312.92 AMD -65.15
17/05/2016  NASDAQ OMX ARMENIA:   USD/AVG - 477.75 AMD -2.70
September, 2019
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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/

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10:08 21/09 Buy Sell
AMD / USD 475.50 477.50
AMD / EUR 525.00 529.00
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20/09/2019
USD / AMD
476.13
-0.13
EUR / AMD
525.98
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RUR / AMD
7.47
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GBP / AMD
596.40
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12,733,622,435
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4,792,761,859
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CBA Metals
20/09/2019
dram / gram
Gold
22972.62
-49.14
Silver
271.79
-1.53
Platinum
14312.92
-65.15
FOREX
10:08 21/09
EUR/USD
1.1017
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1.2478
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107.55
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0.8826
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1524.40
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946.90
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20/09/2019
Refinancing
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7.00
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4.00
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Ind. Prod. 3
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166.7
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1 - mln AMD, 2 - AMD, 3 - bln AMD