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Converse Bank has revised the terms of lending, refinanced by the National Mortgage Company, reducing the loan rate by 0.5% for some groups, the press service of the bank reports.

The offer is available to Converse Bank cardholders and users of the Mobile Banking application.

The condition regarding the amount of the advance payment was also revised: from now on, the client is given the opportunity to make an advance payment of 10% of the purchase price, and 20% – to provide an insurance certificate.

“For almost 4 years in a row, Converse Bank has been one of the leaders in Armenia in terms of the loan portfolio refinanced by the National Mortgage Company and under the ‘Affordable Housing for Youth’ program. This became possible due to flexible credit policy and competitive lending conditions. The bank monitors market trends and regularly revises lending terms, offering customers competitive financing terms,” the message says.