December 12, 2011 - 13:04 AMT
Converse Bank garners AMD 640 mln in Winter Surprise action

On December 10, Converse Bank CJSC hosted a draw of the new "Winter Surprise" time deposit action with 348 depositors participating as of December 1. Winner of the draw received a major monetary award.

Converse Bank garnered deposits of about AMD 640 mln. in the framework of the action.

"Winter Surprise" time deposit action has been in effect from December 1, 2010-February 28, 2011, minimum amount being AMD 50 000 for one year term.