Fri, 4 April
15.1 C
Yerevan
USD: 391.32 RUB: 4.67 EUR: 432.53 GEL: 141.78 GBP: 514.27
spot_img

Unibank completes placement of sixth issue bonds worth 500 million drams

YEREVAN, November 8. /ARKA/. Unibank said today it has completed the placement of the sixth issue of bonds denominated in Armenian drams, to the tune of 500 million drams.

According to the bank, the annual yield on the bonds is 10%, and the maturity period is 24 months. The coupon payments will be made quarterly.

The bonds will be redeemed on October 22, 2020 and will be listed on NASDAQ OMX Armenia, that will allow them to be traded and effected for concrete repo transactions.

Unibank was established in 2001. In 2002, it introduced Unistream system. The key shareholder of the bank is UNIHOLDING GG LIMITED. In 2015, the bank was reorganized into an open joint stock company. ($1 – 487.82 drams). -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