{"id":33812,"date":"2012-02-22T13:50:17","date_gmt":"2012-02-22T13:50:17","guid":{"rendered":"https:\/\/armbanks.am\/2012\/02\/22\/234898\/"},"modified":"2024-12-15T12:55:36","modified_gmt":"2024-12-15T12:55:36","slug":"armenian-development-bank-planning-ipo","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/02\/22\/33812\/","title":{"rendered":"Armenian development bank planning IPO"},"content":{"rendered":"<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">YEREVAN, February 22. \/ARKA\/. Armenian Development Bank is preparing its initial public offering for late 2013, Karen Sargsyan, chairman of the bank\u2019s board, said Wednesday in Novosti International Press Center.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">\u201cOur securities are listed at the stock exchange and they are floating now,\u201d he said.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">Sargsyan said that Armenian Development Bank has no intention to issue bonds this year, since the bank\u2019s capital is sufficient for implementation of its three-year strategic program.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">According to ARKA News Agency\u2019s data, the bank\u2019s capital exceeds AMD 7.8 billion.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">Armenian Development Bank started functioning in 1991. The bank has 75 shareholders, 40% of which are nonresidents. Residents hold 52% of the bank\u2019s capital, and 48% belong to nonresidents.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">There are 13 legal entities among the shareholders. Toe of these legal entities are international organizations.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;\">The bank has shareholders in the United States, Russia, France, Germany, Italy, Canada, Spain, Sweden, Australia and Brazil.-0&#8212;<\/div>\n<p><strong>YEREVAN, February 22. \/ARKA\/<\/strong>. Armenian Development Bank is preparing its initial public offering for late 2013, Karen Sargsyan, chairman of the bank\u2019s board, said Wednesday in Novosti International Press Center.<\/p>\n<p>\u201cOur securities are listed at the stock exchange and they are floating now,\u201d he said.<\/p>\n<p>Sargsyan said that Armenian Development Bank has no intention to issue bonds this year, since the bank\u2019s capital is sufficient for implementation of its three-year strategic program.<\/p>\n<p>According to ARKA News Agency\u2019s data, the bank\u2019s capital exceeds AMD 7.8 billion.<\/p>\n<p>Armenian Development Bank started functioning in 1991. The bank has 75 shareholders, 40% of which are nonresidents. Residents hold 52% of the bank\u2019s capital, and 48% belong to nonresidents.<\/p>\n<p>There are 13 legal entities among the shareholders. Toe of these legal entities are international organizations.<\/p>\n<p>The bank has shareholders in the United States, Russia, France, Germany, Italy, Canada, Spain, Sweden, Australia and Brazil.-0&#8212;<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Armenian Development Bank is preparing its initial public offering for late 2013, Karen Sargsyan, chairman of the bank\u2019s board, said Wednesday in Novosti International Press Center.<\/p>\n","protected":false},"author":1,"featured_media":144909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[545],"class_list":{"0":"post-33812","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-ipo"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/33812","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=33812"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/33812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/144909"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=33812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=33812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=33812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}