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Armenian Conversebank Oragnizes Seven Wonderful Days Action

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  • Armenian Conversebank Oragnizes Seven Wonderful Days Action

    ARMENIAN CONVERSEBANK ORAGNIZES SEVEN WONDERFUL DAYS ACTION

    ARKA
    Dec 10, 2008

    YEREVAN, December 10. /ARKA/. Conversebank (Armenia), in cooperation
    with the VISA payment system, is conducting a bonus campaign Seven
    Wonderful Days.

    According to the information available on Conversebank's official
    website, the campaign is an opportunity for card-holders to get one
    bonus point for every 1,000 AMD in noncash transactions at 25 million
    service points of the VISA system worldwide, with highest number of
    points for one transaction being ten.

    The fifteen participants that score the highest number of points will
    participate in a raffle and receive bonuses.

    The winner will receive a 2-person tourist voucher for a trip to Egypt
    with a special program and visits to the seven wonders of the country.

    The second winner will receive a VISA GOLD card with a positive
    balance of 500,000 AMD.

    The third winner will receive a Visa Classic card with 150,000 AMD,
    fourth to tenth winners Visa Classic cards with 80,000 AMD on each
    account, and 11th to 15th winners will receive souvenirs.

    Started on December 8, 2008, the campaign will last until February
    18, 2009.

    The results are to be summed up February 19 through 25. The raffle
    is scheduled for February 28.

    The Conversebank CJSC was incorporated on December 20, 1993. Eduardo
    Eurnekian, an Argentina-based Armenian businessman, became holder
    of 95% of Conversebank shares, with the rest 5% being hel d by the
    Armenian Apostolic Church. As of October 31, the bank's total capital
    reached 13bln AMD, assets 63.9bln AMD and liabilities 50.9bln AMD.

    According to the information at ARKA's disposal, at the end of the
    3rd quarter of 2008 Conversebank registered the sixth largest assets,
    customer crediting volume, liabilities and total capital, as well as
    the 3rd largest amount of deposits attracted from individuals and
    legal entities. The bank also registered the 5th largest profits
    this January-September.

    Conversebank is currently rendering services by means of the following
    international payment systems: Migom, Contact, Blizko, InterExpress,
    Leader, Allure and Gold Crown.

    The bank has 25 branches, with eight of them in Yerevan.
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