Central bank of Armenia permits Conversebank to participate in “Money Gram” payment system
03.12.2008,
02:43
Board of the Central Bank of Armenia (CBA) permitted Conversebank closed joint stock company to participate in “Money Gram” payment system. The respective decision was made at the CBA Board meeting presided over by the CBA Chairman Artur Javadyan.
YEREVAN, December 2. /ARKA/. Board of the Central Bank of Armenia (CBA) permitted Conversebank closed joint stock company to participate in “Money Gram” payment system. The respective decision was made at the CBA Board meeting presided over by the CBA Chairman Artur Javadyan.
‘’Conversebank’’ Closed Joint Stock Company was registered on December 20 1993. Since February 2007 Argentinean businessman of Armenian origin Eduardo Ernekian has been holding 95% of the bank’s shares. Armenian Apostolic Church owns the remaining 5%. Conversebank has 25 branches, including eight branches in Yerevan.
By the end of October 2008, the bank’s assets had totalled 63.9bln Drams, total capital 13bln Drams, liabilities 50.9bln Drams.
Currently Conversebank is offering services through the following international payment systems – Migom, Contact, Blizko, InterExpress, Leader, Allure and “Zolotaya Korona”. ($1=305.72Drams).–0—
‘’Conversebank’’ Closed Joint Stock Company was registered on December 20 1993. Since February 2007 Argentinean businessman of Armenian origin Eduardo Ernekian has been holding 95% of the bank’s shares. Armenian Apostolic Church owns the remaining 5%. Conversebank has 25 branches, including eight branches in Yerevan.
By the end of October 2008, the bank’s assets had totalled 63.9bln Drams, total capital 13bln Drams, liabilities 50.9bln Drams.
Currently Conversebank is offering services through the following international payment systems – Migom, Contact, Blizko, InterExpress, Leader, Allure and “Zolotaya Korona”. ($1=305.72Drams).–0—
