Converse Bank has expanded the scope of beneficiaries of “Create your credit history” campaign and has extended its term.  

The bank noted that currently, students of several higher educational institutions covered by the Student Loan Program, as well as 12th-grade adult students and graduates of Ayb and Shirakatsy educational complexes, can make use of the opportunities offered by the campaign.

“Within the framework of this campaign, the beneficiaries making non-cash transactions with Converse Bank cards for an amount of AMD 500k and more till May 31, will get the opportunity of obtaining a mortgage loan at an interest rate lower than the interest rate currently applied at the bank. Also, MasterCard Standard plastic card with a credit limit up to AMD 400k, with maturity of 36 months, and 15% annual interest rate will be provided without a service fee. Besides, no commission fee will be charged for cash withdrawal at encashment points and ATMs of the bank.

Converse Bank also offers additional opportunities for students with excellent grades; it offers them a gift - Visa Classic or Master Standard card with a balance of AMD 150k,” the statement reads.

Converse Bank also mentioned that the bank had been involved in various educational initiatives during the previous year. Namely, it held training on financial literacy in several schools, supported establishment of a laboratory complex of natural sciences at Shirakatsy educational complex, set scholarships for the students of Eurnekian School, etc. Support to the educational sector, educational programs, and Olympiads is included in Converse Bank’s action plan for 2018 as well.

You can find more details here.