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Araratbank named best member of NASDAQ OMX Armenia stock exchange

YEREVAN, February 25. /ARKA/. Araratbank is recognized as the best member of NASDAQ OMX Armenia stock exchange.
The awarding ceremony was held at the stock exchange on Friday.

“This is the second ceremony to award the best participant,” said the stock exchange director, Konstantin Saroyan. “We want to encourage the most active members of the stock exchange, banks providing investment services and all those interested in development of capital in Armenia and devoted to the professional ethics law.”

NASDAQ OMX also awarded other active participants in various nominations.

Capital Asset Manangement CJSC was singled out as the best player at corporate securities market. The company pulls off this title for the second time.

Araratbank came first at the government bonds market, and Ameriabank was honored as the best lender.

Armbusinessbank was named best at foreign currencies market.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of broker (dealer) companies.

In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After NASDAQ and OMX merged in March 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc.

On January 27, 2009, Armenian Stock Exchange was renamed NASDAQ OMX Armenia.

Twelve stakes, 11 issuers and five corporate bonds of four issuers are listed at NASDAQ OMX Armenia. ($1 –  AMD 389.342).-0—

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