Finance

OIL:  BRENT - 69.88-1.36 WTI - 66.22-2.23
COMEX:  GOLD - 1783.90+0.58 SILVER - 22.45+0.63
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LME:  ALUMINIUM - 2629.00-0.42 COPPER - 9455.00+0.36
LME:  NICKEL - 20150.00+0.60 TIN - 39500.00+1.80
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FOREX:  USD/JPY - 112.80-0.31 EUR/GBP - 1.1313+0.15
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04/12/2021  CBA:  USD - 489.99+0.00 GBP - 650.95+0.00
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04/12/2021  CBA:  GOLD - 27805+0.00 SILVER - 352.8+0.00
04/12/2021  CBA:  PLATINUM - 14776.82+0.00
December, 2021
December 2021
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Converse Bank: SME lending has become more attractive
12/03/2021 19:29

Converse Bank: SME lending has become more attractive

Converse Bank has launched a comprehensive package of credit products for the rehabilitation and development of small and medium enterprises (SMEs), significantly improving the terms of some types of loans and launching an SME lending campaign.

Within the framework of lending products, Converse Bank offers SME enterprises fast lending without income analysis and within a short period of time, with the purpose of replenishing the working capital, acquiring fixed assets and repayment of accounts payable.

In particular, within the framework of “Converse Fast” lending product, the Bank offers its customers short-term loans without collateral in the amount of up to 20 million AMD, at a competitive interest rate.

For Converse Blitz, longer loan repayment period is envisaged, up to 60 months, at a maximum amount of 30,000,000 AMD or equivalent foreign currency. Preferential lending conditions apply for the bank’s current customers.

In parallel, SMEs can raise up to 200 million AMD in funding within a period of up to 180 months within the framework of the campaign launched by the Bank.

SME comprehensive support, including competitive lending, has always been in the focus of Converse Bank as evidenced by the Bank’s achievements and performance indicators for corporate financing. In addition to services in the Bank’s branches, comprehensive banking and consulting services are also provided to small and medium-sized enterprises in the Bank’s SME Support Center.

Details: www.converesebank.am

The oversight of the Bank is exercised by the Central Bank.

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AMD Rates
10:50 03/12 Buy Sell
AMD / USD 488.50 493.00
AMD / EUR 553.00 558.00
AMD / RUR 6.63 6.76
dollars
dollars
CBA Rates
04/12/2021
USD / AMD
489.99
+0.00%
EUR / AMD
553.44
+0.00%
RUR / AMD
6.65
+0.00%
GBP / AMD
650.95
+0.00%
Cryptocurrencies
10:50 03/12
BTC/AMD
27,769,442
+0.32%
BTC/USD
56846.35
+0.22%
ETH/USD
4567.07
+0.91%
BCH/USD
559.03
-1.07%
XRP/USD
0.98
+1.03%
LTC/USD
203.66
-0.10%
ETH/BTC
0.08034053
+0.69%
BCH/BTC
0.00983407
-1.28%
XRP/BTC
0.0000172
+0.47%
LTC/BTC
0.00358258
-0.32%
CBA Metals
04/12/2021
dram / gram
Gold
27805
+0.00%
Silver
352.8
+0.00%
Platinum
14776.82
+0.00%
FOREX
11:10 04/12
EUR/USD
1.1313
+0.15%
GBP/USD
1.323
-0.43%
USD/JPY
112.80
-0.31%
EUR/GBP
0.8548
+0.59%
Oil
11:10 04/12
$ / barrel
Brent
69.88
-1.36%
Light Sweet
66.22
-2.23%
COMEX
11:10 04/12
$ / tr. oz
Gold
1783.90
+0.58%
Silver
22.45
+0.63%
Platinum
927.30
-0.77%
LME / 3M
11:10 04/12
$ / tonne
Aluminium
2629.00
-0.42%
Copper
9455.00
+0.36%
Nickel
20150.00
+0.60%
Tin
39500.00
+1.80%
Lead
2232.00
-2.53%
Zinc
3190.50
-0.76%
Molybdenum
44750.00
+0.00%
Cobalt
67050.00
+0.00%
Indexes
11:10 04/12
point
Dow Jones
34580.08
-0.17%
S&P 500
4538.43
-0.84%
NASDAQ
15085.47
-1.92%
FTSE
7122.32
-0.10%
CAC 40
6765.52
-0.44%
DAX
15169.98
-0.61%
RTSI
1668.26
-1.29%
Nikkei
28029.57
+0.00%
Topix
1957.86
+0.00%
Hang Seng
23766.69
+0.00%
SSEC
3607.43
+0.00%
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
10/2021
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,848.2
+1.10%
Export 1
Export
2,410.6
+16.90%
Import 1
Import
4,126.6
+11.80%
CPI
Consumer price index
+6.90
Avg. Salary 2
Average salary
198,860
+6.70%
Services 3
Volume of services
1,525.5
+6.40%
Construction 3
Volume of construction
305.7
+5.90%
1 - mln AMD, 2 - AMD, 3 - bln AMD