‘Converse Bank’ Directs 500 Mln Drams To Improvement Of The Work Con

‘CONVERSE BANK’ DIRECTS 500 MLN DRAMS TO IMPROVEMENT OF THE WORK CONDITIONS AND TECHNOLOGICAL BASIS IN 2008

ArmInfo
2008-12-26 14:58:00

ArmInfo. ‘Converse Bank’ directed 500 mln drams to improvement of
the work conditions and technological basis in 2008. As director
General of Converse Bank Ararat Gukasyan told journalists today,
this sum was directed to repairing of the branch offices and buying
modern equipment and technologies.

‘New servers have been implemented in the bank on the basis of
modern technologies. This gives an opportunity to our clients to
make operations more operatively’, – he said. Converse Bank has
got 25 offices, 13 of which have been functioning in the regions of
Armenia. At the beginning of December the number of cash machines of
the bank amounted to 41, 10 of which in the regions.

The bank has been functioning since 1993. Its shareholders are:
‘Advanced Global Investments’, owned by the Argentinean businessman
Eduardo Eurnekian (95%) and Cathedral Church of Armenian Apostolic
Church (5%).