Anelik Bank places all its registered coupon bonds

YEREVAN, January 11. /ARKA/. Anelik Bank has placed all its registered coupon bonds issued for the first time, the press office of the bank reported on Wednesday.

“The acquisition of the bonds allows our clients to carry out an alternative investment, which also ensures a stable yield of 6.5% to them,” Nerses Karamanukyan, chairman of Anelik Bank’s board is quoted in the press release. “Taking into account this successful placement, we intend to issue bonds also in the future.”

In December 2016, Anelik Bank issued 24-month registered coupon dollar bonds totaling $5 million with a 6.5% annual yield.

Interests on the bonds will be paid once in every six months.

Anelik Bank CJSC was established on July 9, 1990 and registered on October 1, 1991.

In July 2009, Credit Bank S.A.L., one of Lebanon’s largest banks, bought 51% of Anelik Bank’s shares and became its general shareholder. In 2012, the share of CreditBank S.A.L. in Anelik Bank grew to 89.95%, and in 2013, it became the sole shareholder.

Now the bank has two shareholders – FISTOCO LTD – 59.7% and “CreditBank S.A.L.” – 40.3%..-0—

spot_img

POPULAR

Armenia’s health insurance package has not been reduced since the beginning of the year, and services have not become fee-based – Avanesyan

Since January 1, no changes have been made to Armenia's health insurance package that would lead to a reduction in services or the transition of any of them to a fee-based basis, stated RA Health Minister Anahit Avanesyan.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.

LATEST NEWS

spot_imgspot_imgspot_img