Sat, 5 April
9.1 C
Yerevan
USD: 391.22 RUB: 4.63 EUR: 431.28 GEL: 142.08 GBP: 508.39
spot_img

Ameriabank to offer another issue of bonds worth $15 million

YEREVAN, March 21. /ARKA/. Ameriabank will offer another issue of bonds worth $15 million, Retail Operations Director of the bank, Arman Barseghyan, told a news conference today. In his words, now, both individuals and corporate customers view investments in bonds as a main type of investment, unlike few years when bank deposits were viewed as such.

To substantiate, he said in 2016 the bank offered the first issue of bonds worth $15 million at the rate of 6.75% per annum, then in early 2017 it offered another tranche worth $5 million at the rate of 5.75%, and now it is going to offer another issue of bonds worth $15 million at the rate of 5.6%.

He said the planned issue of bonds is already 70% placed and it is expected that after being listed it will be sold within two weeks.

“The bond market has good prospects, and we will try to balance our commitments to clients as much as possible,” Barseghyan said.

Ameriabank has made three bond issues, of which two were USD-denominated worth $15 million and $5 million, and one issue was in Armenian drams worth one billion.

Ameriabank is a universal bank providing investment, corporate and retail banking services in a comprehensive package of banking solutions. It is the first investment bank in Armenia, which has been providing a wide range of innovative banking services since 2008. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

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

LATEST NEWS

spot_imgspot_imgspot_img