Finance

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October, 2021
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Presentation of Converse Bank’s online platform for SME financing
12/05/2021 23:35

Presentation of Converse Bank’s online platform for SME financing

On May 11, Converse Bank’s SME Financing Center hosted a presentation of its online platform for lending to small and medium-sized enterprises.

“We have established this center for SME clients of Converse Bank. Its objectives encompass more than provision of financial services and professional consulting to enterprises. “Together we will strive to turn it into a platform uniting the expert and the business community to discuss current economic trends, find solutions and facilitate direct interaction,” said Artur Nakhapetyan, Business Development Director of Converse Bank.

Samvel Gevorgyan, founder of the BSC Business Support Center, attended the event and presented the current trends in economy, as well as the development perspectives for small and medium-sized businesses.

“One of the most prevalent trends in recent years is the digitalization of services, including in the financial sector. Time is becoming the most precious resource. In that context, access to financial resources on various platforms in online environment is key for businesses. Converse Bank, following the business development trends, also offers lending online.” said Samvel Gevorgyan.

The bank’s SME lending platform was launched recently. Today, small and medium entrepreneurs can apply for a loan through the platform by filling out the application form. The entire lending process is also available for the Converse Fast and Converse Bridge products.

“The list of loans available on the online SME finance platform will be regularly updated, which will provide clients access to financing for various purposes in the shortest possible time and on competitive terms,” said Sargis Khachatryan, Director of Corporate Business at Converse Bank.

The closing part of the event was concluded by exchange of views in a warm and friendly atmosphere.

The oversight of the Bank is performed by the Central Bank of Armenia.

Beeline Armenia - Telecommunication services for your business.
AMD Rates
10:50 19/10 Buy Sell
AMD / USD 475.00 480.00
AMD / EUR 559.00 559.00
AMD / RUR 6.66 6.80
dollars
dollars
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19/10/2021
USD / AMD
477.34
-0.93%
EUR / AMD
556.82
+2.94%
RUR / AMD
6.74
+0.03%
GBP / AMD
659.30
+2.64%
Cryptocurrencies
10:50 19/10
BTC/AMD
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62410.75
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3824.37
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619.58
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1.09
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189.47
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ETH/BTC
0.06116898
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BCH/BTC
0.00993358
+0.59%
XRP/BTC
0.00001749
-0.23%
LTC/BTC
0.00303595
+1.72%
CBA Metals
19/10/2021
dram / gram
Gold
27130.9
-126.67%
Silver
356.35
-1.01%
Platinum
15945.36
-184.84%
FOREX
08:54 19/10
EUR/USD
1.1648
+0.65%
GBP/USD
1.3767
+0.25%
USD/JPY
114.10
-0.14%
EUR/GBP
0.8461
+0.40%
Oil
08:54 19/10
$ / barrel
Brent
84.29
-0.67%
Light Sweet
82.48
-0.22%
COMEX
08:54 19/10
$ / tr. oz
Gold
1775.30
+0.41%
Silver
23.51
+0.69%
Platinum
1048.50
-0.81%
LME / 3M
08:54 19/10
$ / tonne
Aluminium
3200.00
+0.46%
Copper
10275.00
+0.96%
Nickel
20175.00
+1.74%
Tin
38250.00
+2.00%
Lead
2373.00
+1.41%
Zinc
3753.00
-0.11%
Molybdenum
45000.00
+0.00%
Cobalt
56545.00
+0.08%
Indexes
08:54 19/10
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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