Sun, 5 October
16.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

EDB plans to place hundreds of million worth bonds

YEREVAN, February 24. / ARKA /. The Eurasian Development Bank (EDB) plans to issue securities worth several hundred million US dollars, EDB board chairman Dmitry Pankin told an online news conference today.

“We’re negotiating the placement of bonds with a five year maturity period. I can not reveal the details of the talks,» said Pankin, adding that details of the issue will be available in March or  April.

The Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with a view to assisting the development of market economies of the member states while facilitating their sustainable economic growth and expanding their mutual trade and economic ties.

The EDB’s authorized capital exceeds $1.5 billion. Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan are the EDB member states.

spot_img

POPULAR

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

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

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img