"Converse Bank" Opened Another Branch

"CONVERSE BANK" OPENED ANOTHER BRANCH

Mediamax Agency, Armenia
Dec 12 2007

Yerevan, December 12 /Mediamax/. "Converse Bank" opened the "Ijevan"
branch, which is the fourth branch within the framework of "6 new
branches by the end of the year" program.

As Mediamax was told in the Marketing Department of "Converse Bank",
the new branch will be providing wide spectrum of multi-purpose banking
services, accenting the attention to crediting of agricultural programs
and provision of leasing services.

"This is the first new branch, opened in remote region of Armenia,
which will make its contribution to the development of the marz", –
"Converse Bank" noted.