Converse Bank launches another 25% cashback within the framework of ``Argentine Wine Week`` 

ArmInfo. In honor of its 25th anniversary, Converse Bank, in cooperation with the Embassy of  Argentine, announces the launch of the regular Argentine Wine Week. As the press service of the Bank reports, in the period from July 2 to July 8, in the partner restaurants of Converse Bank, customers  purchasing Argentine wine Del Fin Del Mundo by cashless payment will  receive a cashback of 25%.

Along with this, Converse scores will be accumulated, which the client will be able to exchange for a valuable gift in the partner network of the Bank.

According to the source, Converse Bank has returned 10 million drams to its customers in the framework of cashback campaigns held since the beginning of the year.

In the near future, in connection with the anniversary, the Bank will make new profitable offers. "The matter concnerns not just promoting campaigns, but also introduction of new products on preferential  terms," the Bank's statement reads.

Within the framework of events dedicated to the 25th anniversary, the Bank also assists in implementing projects in the field of healthy lifestyles, innovations and education in Yerevan and regions. In particular, on July 22-29 the Bank will act as a sponsor on the forthcoming Sevan Startup project. The bank will also participatete  in construction of stadiums in different settlements of Armenia and Artsakh.

According to the Analytical Survey "Armenian Banks in Card Business" No. 16, prepared by ArmInfo News Agency, Converse Bank is included in  the TOP-5 both in terms of the total number of active cards, and in   terms of the number of Visa and MasterCard. By October 1, 2017, the  bank increased the total number of active cards by 35.1% - to 183.8  thousand. In the total number of active cards of the bank, Visa  accounts for 28.2%, and MasterCard - for 12.5% (22.9 thousand cards with annual growth of 44.4%).  The volume of plastic transactions  of  Converse Bank increased over the 9 months of 2017 at 62% per annum to  239.1 billion drams, taking the first position on this indicator. As  of October 1, 2017, the Bank has 104 ATMs and 753 own POS terminals.

  Converse Bank issues and also serves Visa and MasterCard along with local ArCa cards.  To recall, Converse Bank has been operating in the  Armenian market  since September 1996. The Bank's shareholders are Advanced Global  Investments LLc (head-Eduardo Ernekian) - 80.94%, HayPost Trust  Management B.V. - 14.06%, the Cathedral of the Mother See of  Etchmiadzin - 5%. The Bank's branch network has 34 branches, 13 of  which are located in Yerevan, 20 - in the regions of Armenia and 1  - in the NKR.