Anelik Bank issues second tranche of registered dollar coupon bonds worth $5 million

YEREVAN, March 3. /ARKA/. Anelik Bank has issued the second tranche of registered dollar coupon bonds worth $5 million, the press office of the bank reported on Friday.

These 24-week bonds’ yield is 6.25%. Interests on the bonds will be paid once in every six months.

The minimum package for sale consists of 10 bonds worth $100 each.

Either individuals or legal entities may buy the bonds in the bank’s 14 branches in Yerevan and provinces.

Nerses Karamanukyan, the executive director of Anelik Bank, said the bank offers a flexible investment instrument to its clients.

“Bonds are the most popular instrument ensuring investments and protection from inflation,” he said.

The bonds are guaranteed by the fund of compensation for individual bank accounts.

Registered coupon bonds have a number of peculiarities. In particular, they are term bonds, but they can be sold at market price at any time.

Anelik Bank offers some opportunities to those clients who have bought bonds, taking into account their amount, particularly the set credit limit in drams and dollars, a 25-percent discount for all transfers via SWIFT, Hotel Express-Anelik brand gift card, Priority Pass service in 700 airports of the world, access to VIP-lounge service and medical insurance.

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. –0—

spot_img

POPULAR

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img