Tue, 1 July
25.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

AraratBank: an underwriter of AMD and USD bonds for FINCA UCO CJSC

YEREVAN, April 12, /ARKA/. AraratBank will act as an underwriter of AMD and USD denominated nominal coupon bonds, scheduled to be issued by FINCA UCO CJSC on April 20, 2022.

According to the press service of AraratBank, bonds for a total volume of AMD 300,000,000 with а coupon yield of 12.5% per annum and USD 1,400,000 with a coupon yield of 6.5% per annum will be placed. The nominal value of AMD denominated bonds will stand at AMD 10,000, while the nominal value of USD denominated bonds at USD 25. The maturity period of AMD and USD denominated bonds is 24 months. -0-

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img