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VISA CLASSIC ACTION TO BE HELD AT CONVERSEBANK BRANCH IN EXCHMIADZIN
ARKA News Agency
Nov 15 2007
Armenia
YEREVAN, November 15. /ARKA/. The Conversebank's branch in Echmiadzin
plans an action of issuing VISA CLASSIC plastic cards on November 14 -
December 15.
The bank's press service reports that all the individuals that will
open accounts at the bank during this period will receive free VISA
CLASSIC cards. The balance on the card accounts will be 3,000 AMD
for the individuals. Legal entities will be able to open accounts
without effecting any payments for the minimum balance requirement.
The new branch will provide a full range of banking services and meet
the international quality management standards ISO 9001:2000.
An official opening of the Echmiadzin branch of the Armenian
Conversebank took place on November 14, 2007.
The Conversebank was incorporated on December 20, 1993. In February
2007, the Argentina-based Armenian businessman Eduardo Eurnekyan
became full owner of the bank.
By September 30, 2007, the bank's assets had amounted 45.4bln AMD,
total capital 10.7bln AMD, net profit 1.1bln AMD (in January-September
2007), balance profit on the capital account 6.7bln AMD (on September
30, 2007). By September 30, 2007, the bank's authorized capital had
reached 1.3bln AMD.
ARKA News Agency
Nov 15 2007
Armenia
YEREVAN, November 15. /ARKA/. The Conversebank's branch in Echmiadzin
plans an action of issuing VISA CLASSIC plastic cards on November 14 -
December 15.
The bank's press service reports that all the individuals that will
open accounts at the bank during this period will receive free VISA
CLASSIC cards. The balance on the card accounts will be 3,000 AMD
for the individuals. Legal entities will be able to open accounts
without effecting any payments for the minimum balance requirement.
The new branch will provide a full range of banking services and meet
the international quality management standards ISO 9001:2000.
An official opening of the Echmiadzin branch of the Armenian
Conversebank took place on November 14, 2007.
The Conversebank was incorporated on December 20, 1993. In February
2007, the Argentina-based Armenian businessman Eduardo Eurnekyan
became full owner of the bank.
By September 30, 2007, the bank's assets had amounted 45.4bln AMD,
total capital 10.7bln AMD, net profit 1.1bln AMD (in January-September
2007), balance profit on the capital account 6.7bln AMD (on September
30, 2007). By September 30, 2007, the bank's authorized capital had
reached 1.3bln AMD.