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

AraratBank acts as an underwriter of FINCA UCO CJSC bonds

YEREVAN, February 4, /ARKA/. FINCA UCO CJSC is planning to issue and underwrite AMD denominated coupon bonds on February 10, 2022. ARARATBANK OJSC will act as an underwriter of bonds.  

The nominal value of AMD denominated bonds is AMD 10,000 with 36-month maturity period and 12% annual yield. The company will underwrite 140,000 AMD denominated bonds for a total volume of AMD 1,400,000,000.

“As a matter of fact, the coupon yield, which will be paid semi-annually, is exempt from income tax,” said Anahit Shakaryan, Head of the Investment Banking Department of AraratBank. -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