Finance

OIL:  BRENT - 84.58+1.06 WTI - 81.83+1.11
COMEX:  GOLD - 1795.90+0.37 SILVER - 23.55+2.44
COMEX:  PLATINUM - 1061.40+4.40
LME:  ALUMINIUM - 3172.00+2.69 COPPER - 9840.00+2.93
LME:  NICKEL - 19260.00+0.34 TIN - 36775.00+0.62
LME:  LEAD - 2260.00+0.67 ZINC - 3501.00+3.90
FOREX:  USD/JPY - 113.93+0.34 EUR/GBP - 1.1607+0.13
FOREX:  EUR/USD - 1.1607+0.13 GBP/USD - 1.3685+0.13
STOCKS RUS:  RTSI - 1875.97+1.12
STOCKS US: DOW JONES - 34912.56+1.56 NASDAQ - 14823.43+1.73
STOCKS US: S&P 500 - 4438.26+1.71
STOCKS JAPAN:  NIKKEI - 29068.63+1.81 TOPIX - 2023.93+1.86
STOCKS CHINA:  HANG SENG - 25330.96+1.48 SSEC - 3572.37+0.40
STOCKS EUR:  FTSE100 - 7207.71+0.92 CAC40 - 6685.21+1.33
STOCKS EUR:  DAX - 15462.72+1.40
15/10/2021  CBA:  USD - 478.42-0.34 GBP - 656.77-0.18
15/10/2021  CBA:  EURO - 555.06-0.83
15/10/2021  CBA:  GOLD - 27666.81+180.44 SILVER - 359.01+6.75
15/10/2021  CBA:  PLATINUM - 15889.15+358.13
October, 2021
October 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
Converse Bank is again the winner of  the EBRD’s “Deal of the Year – Green Trade” award
12/02/2021 16:55

Converse Bank is again the winner of  the EBRD’s “Deal of the Year – Green Trade” award

Converse Bank is presented with the prestigious “Deal of the Year – Green Trade 2019” award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households”.

Artur Hakobyan, the CEO, Chairman of Executive Management of Converse Bank said, “Green financing is one of the priority directions of the Bank’s strategy, and the EBRD’s award once again proves the effectiveness of Converse Bank’s efforts in promoting green financing.  Last year the EBRD awarded us with this honorary prize for our success in the energy efficiency  project, and this year for the water savings project. We are grateful to the EBRD, our long-term valuable partner, for the continuous trust and support and also our separate thanks to Commerzbank for lasting reliable partnership and its input in successful accoumplishment of the deal.”

Francis Malige, EBRD Managing Director, Financial Institutions, said: “Trade was under pressure before the pandemic, due to the rise of protectionism and geopolitical challenges. Initially the pandemic brought serious disruption to physical trade flows, but global trade has turned out to be more resilient than was initially expected. Today it plays a vital role in keeping the global economy afloat. However, trade – perhaps even more than other economic activities – has a special responsibility in building back a better world after the pandemic, one that is greener and more sustainable. We have been working with our clients over many years to foster green trade, and we are proud and pleased to recognise their achievements through the Green TFP prizes.”

Hans Krohn, Regional Head Financial Institutions, Commerzbank commented on this joint award: “Commerzbank is delighted that the EBRD has chosen this transaction for its prestigious green trade award. The support of international trade has always been at the top of our agenda. Over the past years, sustainability has become another major focus point for Commerzbank. Against this background, it fills us with pride that our valued partner Converse Bank and Commerzbank jointly received EBRD’s Deal of the Year – Green Trade award!”

Financing of “A&M RARE” LLC (trademark: RARE) by the Bank was aimed at founding of a spring and mineral water extraction and bottling plant in Kotayk Region of Armenia.  The natural spring water is not processed in any way, it is bottled in its pure form, thus preserving all the natural useful features.  The plant has been built in line with the highest standards – latest and most advanced technologies were imported from the well known German company KHS GMBH through issuance of a documentary letter of credit by Converse Bank.  The letter of credit has been confirmed by the leading European parner Commerzbank and secured with the EBRD’s 100% guarantee covering the potential commercial payment and political risks.

Importantly, Converse Bank is the only Armenian bank at this point having received the prominent award.

Ucom - broadband connection starting at AMD 6,000
AMD Rates
10:50 15/10 Buy Sell
AMD / USD 477.00 481.50
AMD / EUR 552.00 559.00
AMD / RUR 6.66 6.78
dollars
dollars
CBA Rates
15/10/2021
USD / AMD
478.42
-0.34%
EUR / AMD
555.06
-0.83%
RUR / AMD
6.72
+0.03%
GBP / AMD
656.77
-0.18%
Cryptocurrencies
10:50 15/10
BTC/AMD
28,424,316
+2.12%
BTC/USD
59370.70
+2.21%
ETH/USD
3833.75
+5.20%
BCH/USD
627.25
+4.92%
XRP/USD
1.14
+0.00%
LTC/USD
184.11
+2.28%
ETH/BTC
0.06450443
+2.68%
BCH/BTC
0.01053830
+2.35%
XRP/BTC
0.00001918
-2.19%
LTC/BTC
0.00309205
-0.43%
CBA Metals
15/10/2021
dram / gram
Gold
27666.81
+180.44%
Silver
359.01
+6.75%
Platinum
15889.15
+358.13%
FOREX
09:15 15/10
EUR/USD
1.1607
+0.13%
GBP/USD
1.3685
+0.13%
USD/JPY
113.93
+0.34%
EUR/GBP
0.848
-0.04%
Oil
09:15 15/10
$ / barrel
Brent
84.58
+1.06%
Light Sweet
81.83
+1.11%
COMEX
09:15 15/10
$ / tr. oz
Gold
1795.90
+0.37%
Silver
23.55
+2.44%
Platinum
1061.40
+4.40%
LME / 3M
09:15 15/10
$ / tonne
Aluminium
3172.00
+2.69%
Copper
9840.00
+2.93%
Nickel
19260.00
+0.34%
Tin
36775.00
+0.62%
Lead
2260.00
+0.67%
Zinc
3501.00
+3.90%
Molybdenum
45000.00
-2.70%
Cobalt
56300.00
+5.47%
Indexes
09:15 15/10
point
Dow Jones
34912.56
+1.56%
S&P 500
4438.26
+1.71%
NASDAQ
14823.43
+1.73%
FTSE
7207.71
+0.92%
CAC 40
6685.21
+1.33%
DAX
15462.72
+1.40%
RTSI
1875.97
+1.12%
Nikkei
29068.63
+1.81%
Topix
2023.93
+1.86%
Hang Seng
25330.96
+1.48%
SSEC
3572.37
+0.40%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
7.25
+0.00%
Lombard Repo
Lombard Repo Rate
8.75
+0.00%
Deposit
Deposit Rate
5.75
+0.00%
Macroeconomy
08/2021
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,415.7
+1.00%
Export 1
Export
1,912.0
+21.8%
Import 1
Import
3,090.6
+7.70%
CPI
Consumer price index
+6.40
Avg. Salary 2
Average salary
197,881
+5.4%
Services 3
Volume of services
1,192.0
+5.30%
Construction 3
Volume of construction
205.3
+7.30%
1 - mln AMD, 2 - AMD, 3 - bln AMD