Converse Bank

Converse Bank

"Trusted by generations"

Founded 1993 Armenia

Armenia 546 employees Financial Services, Banking

Converse Bank, established in 1993 in Armenia, is a leading financial institution that offers universal banking services. With a strong emphasis on retail banking, the bank operates 33 branches, 127 ATMs, and 117 terminals across Armenia. It is a full member of the SWIFT payment and settlement system as well as the VISA international card payment system. Additionally, the bank is a founding member of the local card payment system ArCa and an affiliated member of the MasterCard international card payment system, showcasing its extensive network and partnerships in the financial industry. Converse Bank's shareholder structure includes Advanced Global Investments LLC (72.89%), HayPost Trust Management S. a. r. l. (22.11%), and the Armenian Saint Apostolic Church (5%), which highlights a diverse ownership base. With 880 employees, the bank maintains a significant workforce to support its operations. The bank also actively participates in the Republic of Armenia market of short-term, mid-term, and long-term government treasury coupon bonds as a public debt management agent, solidifying its position in the Armenian financial market. Converse Bank's commitment to modernization is demonstrated through its services, such as Converse Mobile and Internet Banking online platforms and Online payments platform, catering to the evolving needs of its customers. The bank's partnership with the payment system MoneyGram and China UnionPay further enhances its global reach and accessibility. Overall, Converse Bank's comprehensive suite of services, strong network, and strategic partnerships position it as a trusted and influential player in the Armenian financial services sector.

FAQ About Converse Bank

"Trusted by generations"

Converse Bank was founded in 1993.

Converse Bank is headquartered in Armenia.

Converse Bank operates in Financial Services and Banking. Its work centres on Universal Banking Services, Retail Banking, Online Banking and Payment Systems.

Converse Bank has approximately 546 employees.

Top alternatives and competitors to Converse Bank include AraratBank OJSC, МТБанк, The National Iron Bank, eGlobal, Region Trade Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Converse Bank and AraratBank OJSC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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