Dolar issue of ARARATBANK was listed on Nasdaq OMX Armenia stock exchange
ArmInfo. April 3, the dollar issue of registered coupon bonds of ARARATBANK in the amount of $ 8 million was listed and entered the main list (Abond) of the Nasdaq
OMX Armenia stock exchange. As the press service of the exchange informs, the bonds are admitted to conclusion of targeted trading and repo deals.
According to the source, the issue of the Bank includes 320,000
registered coupon bonds (ISIN - MARBKB2HER3), with a par value of $
25, from yield on the coupon 5.25% and maturity in 51 months. The
bonds will be quoted under the exchange code ARBKB2H.
It should be noted that ARARATBANK is the leader on the Nasdaq OMX
Armenia exchange by the number of corporate bonds issued, some of
which have already been redeemed. Nasdaq OMX Armenia as of April 3,
2018, in view of this issue, 56 issues of corporate bonds of 14
issuers are quoted, out of which 44 issues were issued by 10 banks:
Araratbank (9), Ameriabank (8), Armswissbank ( 6), Anelik Bank (5),
Armbusinessbank and Unibank (4 each), Converse Bank (3), ACBA-Credit
Agricole and Armeconombank (2 each) and BSTDB (1).
It should be reminded that "ARARATBANK" OJSC has been operating since
November 2005. The majority shareholders of ARARATBANK on October 1,
2017. one of the largest oil traders in Armenia - Flush company -
72.73%, Barsegh Beglaryan (famous entrepreneur, the head of Flash) -
18.33% and Rural Impulse Fund II (part of the Belgian Incofin
Investment Management - Incofin IM) - 8.58%.
ARARATBANK takes the third position in the total number of branches,
which number 61, and the number of capital (30) is fixed, while the
remaining 29 are regional branches and 2 are located in the NKR.