ACBA Bank places dram and US dollar bonds

 YEREVAN, August 25. /ARKA/. Acba Bank is launching a public placement of coupon non-documentary bonds with a total volume of 10 billion (ten billion) drams and 10 million (ten million) US dollars, the bank’s press service reported.

The bank plans to issue 100,000 (one hundred thousand) of each type of bond.

The annual yield for the bonds is set at 10.50% for AMD and 5.50% for USD.

The bonds will have a circulation period of 60 months, with placements commencing on August 25, 2025, and concluding on December 25, 2025, inclusive. The redemption date for the bonds is August 25, 2030.

For AMD bonds, the nominal value is 100,000 (one hundred thousand) AMD, while for USD bonds, it is 100 (one hundred) USD.

To acquire bonds, investors must fill out and submit a bond purchase application to ACBA Bank.

Bond purchase application for individuals: 

Application for AMD bonds purchase

• Application for USD bonds purchase 

Bond purchase application for legal entities:

• Application for AMD bonds purchase

• Application for USD bonds purchase 

In line with the Armenian Law “On Guaranteeing the Compensation of Bank Deposits of Individuals”, the funds raised through the nominal bonds issued by the bank are classified as guaranteed bank deposits and are protected by the “Deposit Compensation Guarantee Fund”. 

The bank operates under the supervision of the Central Bank of Armenia. -0-

spot_img

POPULAR

IDBank and the “Dekavva Fund” Stand with People from Artsakh

As part of the “Side by Side” initiative, IDBank has launched a new partnership, this time supporting families forcibly displaced from Artsakh who are currently living in the Sevan community.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 14–20)

This week, Armenia's financial agenda was shaped by changes in monetary policy direction, the cost of bank funding, inflation, and the situation in the foreign exchange market.

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

LATEST NEWS

spot_imgspot_imgspot_img