Sun, 27 April
13.1 C
Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Ranking of biggest profit-gainers among Armenia’s banks for Jan-Sept 2019

ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits

LATEST NEWS

spot_imgspot_imgspot_img