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

Ranking of Armenia’s Largest Credit Institutions by Total Capital in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first quarter of 2026.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

LATEST NEWS

spot_imgspot_imgspot_img