Converse Bank has significantly improved car crediting conditions, making them more profitable.

"Within the framework of the campaign, Converse Bank has quite simplified the lending process, making car loans more accessible to more customers. Particularly, the Bank offers customers dram loans for up to 84 months (annual interest rate starting from 11%) with a 0-10% prepayment. The maximum loan amount is AMD 12 million. Pledged property insurance under the action is not required, and the relevant decision is made in one day, "said the Bank.

Vehicle valuation is not required for lending if the car is bought from the primary market. The value of the pledge is based on the price offered by the company selling the car.

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