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Converse Bank Metsamor Branch was reopened after renovation and refurnishing, the Bank reported in a release, adding the customers of the branch can use comprehensive banking services, among which deposits, loans, currency exchange, local and cross-border transfers and the like.  The branch also locates an ATM and a payment terminal.

Furthermore, given the demand for agro loans in the region, a new competitive product, namely agro loans with a flexible grace period, has been developed to be offered to the customers of METSAMOR Branch.  The maximum amount of loan is AMD 20 M or equivalent currency.  The maturity is up to 60 months, and the annual interest rate starts at 8-12% depending on the currency.

To offer the customers of Converse Bank high quality services in a most welcoming entourage, the branch network expansion and refurbishment will be an ongoing process.  With the intention of expanding the geography of services, Converse Bank KOTAYK Branch was launched at Arinj Mall in April 2017.  The Bank plans renovation and modernization of several branches and launch of new branches in Yerevan and the regions by the end of the year.

At present Converse Bank operates 34 branches in Yerevan and the regions, the release said.