Freedom Broker Armenia intends to become  key player in Armenia’s stock market – co-founder of Freedom Holding

YEREVAN, August 14. /ARKA/. Freedom Broker Armenia is going to become a key player in Armenia’s stock market in the medium term, Freedom Holding co-founder and supervising manager for Armenia Igor Klyushnev said.

Эксперт отметил, что компания в первую очередь фокусируется на предоставлении образовательных услуг, поскольку во всех регионах своего присутствия сталкивалась с нехваткой информации.

‘We are probably the most experienced player now specializing in interaction with individual clients – this is our main expertise and our main background,’ he said in an interview with Arka news agency.

He said the company’s focus is pprimarily on providing educational services, because in all the regions where they operate, they  have revealed that people lack information.

‘They do not have enough knowledge to correctly assess the benefits of investment products as opposed to deposits or property investments. Providing broad analytical information, primarily on the U.S. market, which is our focus is also of key importance,’ he said.

‘Accordingly, we expect, among other things, the support of Armenian companies, which will want to have their shares traded on the securities exchange or conduct IPOs. We have good experience in underwriting in different regions. We know very well what stages a business goes through in preparation for going public. And, accordingly, we will make every effort to increase liquidity in the local market, because this is a key point for the Armenian Securities Exchange now, as it will help to attract foreign investors.’

Freedom Broker Armenia investment company was licensed by the Central Bank of Armenia on November 9, 2021. It is a subsidiary of the American holding company Freedom Holding Corp. -0-

spot_img

POPULAR

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

An unforgettable day instead of toys: June 1st guide from Idram&IDBank

June 1st, International Children’s Day, is approaching – a perfect occasion to remind everyone about the importance of children’s rights and their well-being.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

LATEST NEWS

spot_imgspot_imgspot_img