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SEF International universal credit organization admitted as a market participant of NASDAQ OMX Armenia

YEREVAN, December 16, /ARKA/. Effective from December 16 “Sef International universal credit organization” LLC  was admitted as a Market participant of NASDAQ OMX Armenia stock exchange, the exchange said in a press release.
It said also market participant status will provide the company with access to the Exchange foreign currency market, it said.

Sef International was founded in 1998 by World Vision International Christian charity organization. Since 2009 the company is headed by a specialized micro-financing unit World Vision. In 2006 the organization was awarded BB+ rating and BBB- rating in 2007.

According to ARKA data, as of September 30, 2010 its assets stood at 2.9 billion Drams, liabilities at 2.1 billion Drams, capital at 770.6 million Drams. It has two branches in Yerevan and also branches in Sisian, Kapan, Talin, Stepanavan, Goris and Meghri. -0-

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