Converse Bank has launched an online lending platform.

According to the bank, the platform gives the customers the opportunity to obtain online loans on convenient conditions within just a few minutes.

“Namely, Converse Bank offers the lowest effective interest rate as compared to other loan
types. The number of fields to be filled out in the loan application has been minimized, and the
loan amount is automatically credited to the customer’s card account very quickly.

In the absence of the relevant card account, the customer can receive the loan funds at any
branch of Converse Bank. In this case, the amount is provided to the customer as quickly as
possible, without additional documentation, only based on identification,” the bank said.

The maximum loan amount is AMD 2 million, with maturity of 36 months, and the effective
annual interest rate is in the range of 20.08% to 21.39%.

No additional fees apply.