Converse Bank is the best trade finance bank in Armenia according to Global Finance – 2024-07-25 09:42:35

by times news cr

2024-07-25 09:42:35

Converse Bank was awarded another honorary award by the prestigious international magazine Global Finance.

“We are happy to announce that for the third year in a row, Converse Bank has been awarded the “Best Trade Financing Bank in Armenia” award by Global Finance magazine, maintaining its leading position and acting as the best partner-bank in this field. Our achievements in the field of trade financing have also been highly appreciated by other prestigious international organizations and partner banks, including the German bank Commerzbank AG and the European Bank for Reconstruction and Development. the latter awarded Converse Bank with the extremely important and responsible award “Deal of the Year – Green Trade” for two years. The bank will continue to provide clients with comprehensive corporate financing, strengthening the position of a long-term and reliable partner in the sector,” said Converse Bank’s Financial Director Hrant Hakobyan.

“We are extremely excited to receive this prestigious award from Global Finance magazine. However, at the same time, it also obliges us to maintain a high standard of customer service in the field of trade finance and cooperation built with international partners, thanks to which our work is recognized by such a prestigious magazine, among leading banks such as Citibank, Commerzbank, BNP Paribas, Intesa SanPaolo, RaiffeisenBank International, UniCredit banks, etc.,” said Nelly Kocharyan, head of Converse Bank’s International Relations and Trade Financing Department.

“Converse Bank currently uses a wide range of business financing tools, from lending to complex financing schemes using trade financing instruments and international refinancing funds. The bank offers corporate lending products to both newly established and established companies for the acquisition of fixed assets and replenishment of working capital, development, promotion of import and export, developing a unique financing tool for each type of transaction,” said Sargis, Director of Corporate Business at Converse Bank. Khachatryan.

Global Finance’s press release on the award results is available at the link.

Converse Bank is controlled by the Central Bank.

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