Wed, 23 July
36.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Anelik bank places bonds ahead of schedule

YEREVAN, May 30. /ARKA/. The Yerevan-based Anelik Bank said today that its second issue of nominal USD-denominated coupon bonds at Nasadq OMX Armenia stock exchange was fully placed ahead of schedule.

The second issue of bonds is worth $5 million; the maturity period is 24 months; the coupon yield is 6.25%, while interest is paid every six months. The bonds were acquired by individuals and legal entities in Yerevan and beyond it.

The bank said more than 80% of the bonds were bought by individuals, indicating a high level of public trust in the bank and its financial literacy. Anelik Bank financial officer Ruben Melikyan is quoted as saying in a press release that the bank plans to issue new tranches of bonds.

Anelik Bank was established on July 9, 1990. It is now owned by FISTOCO LTD – 59.7% and CreditBank S.A.L. – 40.3%. –0–

spot_img

POPULAR

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

LATEST NEWS

spot_imgspot_imgspot_img