Mon, 25 August
35.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s National Mortgage Company will conduct its first IPO on November 24

YEREVAN, November 23. /ARKA/. Armenia’s National Mortgage Company said it will conduct its first initial public offering (IPO) on November 24 at Nasdaq OMX Armenia stock exchange.

The first IPO in Armenia was conducted by Artsakh HPP energy generating company in early 2009, by selling 862,074 shares to 1,111 local and foreign investors.

The National Mortgage Company was established June 16, 2009. According to ARKA news agency’s data, the company’s assets in late September this year stood at 14.7 billion drams, liabilities at more than 6.1 billion drams and its total capital was more than 8.5 billion drams. In the first nine months of 2011 it earned 251.1 million drams in net profits.($1-384.34 drams). -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

LATEST NEWS

spot_imgspot_imgspot_img