Mon, 30 June
16.1 C
Yerevan
USD: 384.32 RUB: 4.89 EUR: 450.23 GEL: 141.11 GBP: 527.56

Unibank’s USD-denominated bonds totaling $5 million listed at NASDAQ OMX Armenia

YEREVAN, December 26. /ARKA/. Unibank’s USD-denominated bonds totaling $5 million are included in Abond list NASDAQ OMX Armenia, the press office of the stock exchange reported on Tuesday.

The bank’s 50,000 bonds (UNIBB6) worth $100 each with the annual yield of 5.5% are listed.

Their maturity term is 36 months, and coupon payments will be made once a quarter.

“As an open shareholder company, Unibank takes an active part at the securities market and provides an opportunity to the population to use more profitable investment instruments,” said Mesrop Hakobyan, the chairman of Unibank’s board. “We have carried out eight issues.”

In his words, this year Unibank has placed the bonds amounting to AMD 1 billion and USD 5 million.

He added that the high demand for the bonds shows the population’s confidence in the bank and the effective and the bank’s forward-looking strategy.

Rating highly Unibank’s cooperation with the stock exchange, Hakobyan said that the bank intends to continue issuing bonds the next year.

NASDAQ OMX Armenia CEO Hayk Yeganyan greeted Unibank and congratulated it on the first listing ceremony in the stock exchange’s new office.

”I am calling on players in economy to attract financing from their own clients through securities. As a stock exchange, we are making every effort to create convenient opportunities for all our clients – both investors and issuers,” he said. “The recent months’ results show that we have taken the right way.”

Unibank was established in 2001. In 2002, it introduced Unistream system. Its principal shareholder is UNIHOLDING GG LIMITED. In 2015, the bank was reorganized into an open joint stock company. ($1 – AMD 484). -0—-

spot_img

POPULAR

ADB lowers Armenia’s economic growth forecast for 2025 to 5%, 4.7% expected in 2026

The Asian Development Bank has lowered Armenia's economic growth forecast for 2025 to 5%, said Don Lambert, ADB Country Director for Armenia.

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

Armenia’s top 5 banks by asset size for Q3 2023

According to ARKA news agency's quarterly bulletin 'Banks of Armenia,' the top 5 commercial banks of Armenia by asset size as of 30.09.2023 were Ardshinbank, Ameriabank,  Armbusinessbank, Acba Bank and Inecobank

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

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

LATEST NEWS

spot_imgspot_imgspot_img