{"id":119680,"date":"2019-02-27T10:11:26","date_gmt":"2019-02-27T10:11:26","guid":{"rendered":"https:\/\/armbanks.am\/2019\/02\/27\/248302\/"},"modified":"2024-12-15T13:36:48","modified_gmt":"2024-12-15T13:36:48","slug":"acba-credit-agricole-bank-to-offer-1-3-billion-drams-worth-bonds-through-ipo","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2019\/02\/27\/119680\/","title":{"rendered":"ACBA-CREDIT AGRICOLE BANK to offer 1.3 billion drams worth bonds through IPO"},"content":{"rendered":"\n<p><strong>YEREVAN, February 27. \/ARKA \/.<\/strong> ACBA-CREDIT AGRICOLE BANK said today it will make an initial public offering on March 1 to place bonds to the tune of 1.3 billion drams.  The bank said in a press release that it will offer bonds with 9.5% yield and 24-month maturity period.   The face value of a bond is 100,000 drams.<\/p>\n\n\n\n<p>To purchase bonds, one should fill out an application and submit it to the bank. Individuals should apply here, legal entities &#8211; here.<\/p>\n\n\n\n<p>According to Armenian law on bank deposits insurance, funds raised from the sale of bonds are considered insured bank deposit.<\/p>\n\n\n\n<p>ACBA was established in 1996 as part of EU\u2019s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.  ($1 \u2013 488.93 drams) -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ACBA-CREDIT AGRICOLE BANK said today it will make an initial public offering on March 1 to place bonds to the tune of 1.3 billion drams<\/p>\n","protected":false},"author":1,"featured_media":189974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15909,12187,15926],"class_list":{"0":"post-119680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-acba-credit-agricole-bank-2","10":"tag-bonds","11":"tag-ipo-3"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/119680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=119680"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/119680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/189974"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=119680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=119680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=119680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}