Converse Bank Successfully Completes Distribution of Euroterm II Corporate Bonds, Reinforces Confidence in Armenia’s Financial Market
Converse Bank completes distribution of Euroterm II corporate bonds, placing 500 million Armenian Drams worth of bonds with a 36-month maturity and 12.5% annual yield. Successful distribution reflects demand for financial instruments and confidence in Converse Bank. Mobile app simplifies process, attracting 70% of investors. Bank aims to attract bond market investors and become market creator for trading. Regulated by Central Bank of Armenia.
“Armenians Struggle to Return to Historic Territories Amidst Uncertainty: Deputy’s Statement Sparks Controversy”
Difficult for Armenians to return to Stepanakert, Shushi, Bakur or other Armenian territories. Peace needs to be built by eliminating hatred and promoting reconciliation. Russian peacekeepers report no incidents, but returning is not currently possible.
Former Prime Minister Testifies: Karapetyan Calls for Sargsyan’s Resignation, Exposes Corruption Scandals
Former Prime Minister Karen Karapetyan called on former President Serzh Sargsyan to resign after the rally where violence was incited. In 2022, Nikol Pashinyan recognized Artsakh, resulting in the closure of the Lachin corridor by Azerbaijan. Karapetyan also discussed corruption, stating that billions were spent and deals were made within the government.
“Water Bills to Remain Unchanged Despite Price Increase, Says National Commission for Regulation of Energy and Utilities”
Learn about the recent decision to increase the price of drinking water in a clear and concise manner. Despite the approved change, consumers won’t feel the impact immediately. Find out the new reduced price and how it affects socially disadvantaged consumers.
“M-1 Highway Temporarily Closed for Construction: Upgrades Underway on Vital Yerevan-Gyumri-Tbilisi-2 Route”
Construction work on the Yerevan-Gyumri-Tbilisi-2 highway is underway. Sections km50+980-km51+020 and km55+800-km55+840 will be closed from 14:00 to 16:00 starting November 28. We apologize for any inconvenience caused.