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What are ETFs and can Armenian investors become their shareholders?
... banks/brokers that provide an opportunity to invest both in foreign and domestic markets at the same time. Moreover, it should be noted that Unibank is one of the few public companies in Armenia. This means that Unibank shares and bonds can be bought on the Armenian securities exchange, as well as any other securities on foreign stock exchanges through the Unibank Invest application. As for the account opening procedure, it is quite simple: any potential investor can send an application to open an account....
07/26/2024Unibank places bonds ahead of schedule
Unibank has completed the placement of coupon bonds YEREVAN, July 22. /ARKA/. Unibank has completed the placement of coupon bonds worth AMD 2 billion and USD 5 million ahead of schedule. The bonds will be listed on AMX Armenian Securities Exchange. The coupon yields on the issued AMD and USD bonds are 9.75% and 5%. The maturity of bonds is 36 months. Coupon income will be paid quarterly. Bond Program Prospectus (registered on 05.06.2024), its amendments and final conditions ...
07/22/2024Unibank places AMD 2 bln and $5 mln bonds ahead of schedule.
... period of time. The bonds were purchased by a wide range of investors. The coupon yields on the issued AMD and USD bonds are 11% and 5% p.a., respectively, with a maturity of 36 months. Coupon yield will be paid quarterly. The bonds will be listed on AMX Armenian Securities Exchange. The main advantages of the bonds are tax-free income and security. The funds raised by the nominal bonds issued by the bank are considered as guaranteed bank deposits. Given that the demand for the bonds his time too significantly ...
03/21/2024First investment forum "Armenian Capital Markets: Future Outlook" kicks off in Yerevan
... attended by more than 500 participants, including heads of state organizations, business leaders, private investors and media representatives. Among the participants are the founder and head of Freedom Holding Corp. Timur Turlov, General Director of Armenian Securities Exchange Hayk Yeganian, as well as entrepreneur, founder of ABBYY Group of Companies David Young. As Turlov noted, the forum will feature discussions on international experience, the holding's experience in the EU, the US and Kazakhstan,...
03/05/2024Stock Exchange: Who and how makes money on it
... platform. It emerged in 2000 as a merger of the Paris, Amsterdam and Brussels exchanges. Now Euronext also includes the exchanges of Portugal, Ireland, Norway and Italy. What about the stock market in Armenia? The only stock market in Armenia is the Armenian Securities Exchange, which was established in 1997 as the Union of Securities Market Participants. The first trading session was held on July 6, 2001. In June 2022, some 65.03% of the Armenian Securities Exchange (AMX) shares were acquired by ...
03/04/2024Second Capital Markets Armenia conference to be held in Yerevan on March 14
... solutions for infrastructure and stock market participants, the role of cryptocurrencies, securities market development and investment ideas in various markets. The list of speakers includes Deputy Minister of Economy Rafael Gevorgyan, General Director of Armenian Securities Exchange (AMX) Hayk Yeganyan, Chief Financial Officer of Team Telecom Armenia Karen Mnatsakanyan, Director of Economy and Finance of Electric Networks of Armenia Armen Arshakyan. ARKA News Agency is one of the information sponsors ...
02/28/2024Investor protection in the financial market. What is important to know about regulation ?
... supervision functions are vested in one organization - the Central Bank, whose responsibilities include ensuring investor protection, price transparency, stability of market development and reduction of systemic risks. The Central Bank controls the only Armenian Securities Exchange. In December 2023, the Chairman of the Central Bank Martin Galstyan noted that the regulator was going to tighten the national regulation because of the growing activity of investment companies and funds. Broker verification ...
02/07/2024Unibank issues AMD and USD bonds with yields of 11% and 5% respectively
... the bonds is 36 months. Coupon yield will be paid quarterly. The bonds can be purchased at the head office of the bank or its branches. The placement of the issue is planned to be completed by 15.03.2024, after which the bonds will be listed on AMX Armenian Securities Exchange. According to the Armenian Law On Guaranteeing Repayment of Bank Deposits of Individuals, funds raised through registered bonds issued by a bank are considered insured bank deposits and are guaranteed by the Deposit Compensation ...
02/05/2024Armenia's investment prospects in 2024 as seen by CEO of Freedom Broker Armenia
... expanding both in terms of the number of issuers and trading volumes, Hovak Hovakimyan, GEO of Freedom Broker Armenia investment company, said in an interview with ARKA news agency. In 2022, the Central Bank of Armenia approved the acquisition of 65% of the Armenian Securities Exchange (AMX) by the Warsaw Stock Exchange. The Armenian Securities Exchange trades the corporate bonds of 18 issuers (97 bond issues with an average duration of about one and a half years), shares of 11 issuers as well as government ...
12/21/2023Electric Networks of Armenia for the first time issues AMD 32 bln bonds
... already been purchased. The main potential investors are Armenian banks and pension funds, but the process of purchasing the bonds has been simplified for individuals as well: anyone can purchase the bonds through the MyAmeria app. After listing on the Armenian Securities Exchange, the bonds are expected to enter the secondary market thanks to the diversified investor base and the unprecedentedly large issue volume. Chairman of the Central Bank Martin Galstyan noted that the entry of such a company ...
12/19/2023EDB bonds listed on Armenia Securities Exchange, whose trading infrastructure was modernised with a grant from the Bank
The debut issue of three-year Eurasian Development Bank's (EDB) bonds, denominated in US dollars, was included in the Armenia Securities Exchange’s (AMX) Abond main list as of 26 October 2023. YEREVAN, October 27. /ARKA/. The debut issue of three-year Eurasian Development Bank's (EDB) bonds, denominated in US dollars, was included in the Armenia Securities Exchange’s (AMX) Abond main list as of 26 October 2023. Prior to that, the exchange’s infrastructure was modernized with a grant provided...
10/27/2023Unibank completes placement of AMD 1 billion and USD $5 million bonds ahead of schedule
... bonds significantly exceeded the supply, which once again proves the high level of confidence of the population in Unibank," the bank said in a statement. The bonds issued in the amount of AMD 1 billion and USD $5 million will be listed on the Armenian Securities Exchange AMX. The maturity of the bonds is 36 months. Coupon income will be paid quarterly. The main advantages of the bonds are high income, not subject to taxation and safety. According to the Armenian Law "On Guaranteeing the ...
09/13/2023Deadline for bidding for EDB debut bond issue up to $30 mln with listing on Armenian Securities Exchange is August 31, 2023
The Eurasian Development Bank (EDB) is floating a debut bond issue on the Armenia Securities Exchange (AMX), and the bidding is taking place through Ardshinbank between 15 and 31 August 2023. YEREVAN, August 22. /ARKA/. The Eurasian Development Bank (EDB) is floating a debut bond issue on the ...
08/22/2023Post office building on Republic Square in Yerevan to be privatized through securities exchange
... completely new scheme. Territorial Administration and Infrastructure Minister Gnel Sanosyan said the building will be first handed over to the newly established Republic Plaza joint stock company, which in turn will issue bonds and place them at the Armenian Securities Exchange. Initially, all 100% of the bonds will be owned by the government, but later the bonds will be sold out. Armenian Prime Minister Nikol Pashinyan noted that the government will retain a certain stake in the company. Regarding ...
08/17/2023Inflow of non-residents to Armenia will help enhance stock market liquidity, says сo-founder of Freedom Holding (EXCLUSIVE)
... 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. ARKA – What is your forecast for the development of Armenia's stock market given that the controlling stake in the Armenian Securities Exchange (AMX) was acquired by the ...
08/14/2023Transparency of economy will ensure rapid development of capital market in Armenia - AMX CEO
Hayk Yeganyan , the CEO of the Armenian Securities Exchange (AMX), told ARKA news agency about the prerequisites and obstacles for development of capital market. YEREVAN, June 12. /ARKA/. Hayk Yeganyan , the CEO of the Armenian Securities Exchange (AMX), told ARKA news agency ...
06/12/2023Unibank announces new issue of shares
... acquire shares one should visit its head office or one of its 54 branches. The minimum stake is worth 1,000,200 drams. Shares can be purchased by both individuals and legal entities. The market maker is Armbrok firm. The shares will be listed at the Armenian Securities Exchange, which increases their attractiveness, since the income raised from securities is not taxed. With this new issuance of shares, Unibank continues its strategy of becoming a people's bank, involving broad sections of the population ...
05/12/2023ARMBROK becomes market maker for Acba Bank shares
Starting from March 1, 2023 ARMBROK investment company is acting as a market maker for Acba Bank's shares traded on the Armenian Securities Exchange (AMX), the bank's press service reported. YEREVAN, March 3. /ARKA/. Starting from March 1, 2023 ARMBROK investment company is acting as a market maker for Acba Bank's shares traded on the Armenian Securities Exchange (AMX),...
03/03/2023Top ten Armenian banks according to Russian edition of Forbes
... Fitch - B+ ACBA is the fourth largest bank in Armenia. The bank specializes in lending to agriculture, retail and small and medium businesses. ACBA Bank was founded in 1995 as a cooperative bank. In September 2021, the bank carried out an IPO on the Armenian Securities Exchange and sold 500,000 shares with a face value of 15,000 drams each. Thus, the bank raised 7.5 billion drams. The owners: ACBA Federation - 83.68%, subsidiary" of French financial group Credit Agricola, SACAM International ...
07/26/2022Acba Bank pays over AMD 3.3 billion in dividends
... has about 5,200 shareholders. To buy shares of Acba Bank one needs to visit one of its branches or other brokerage organizations. More information is available at invest.acba.am. Acba Bank's shares are listed on the most important A platform of the Armenian Securities Exchange. Acba Bank is represented in all regions of Armenia with 63 branches and is considered one of the largest employers in the country. Acba Bank is controlled by the Central Bank of Armenia. --0--
05/07/2022Dimension Investments acts as the Sole Market Maker of ACBA Bank’s common shares trading on AMX
On February 1, the Armenian Securities Exchange (AMX) OJSC granted DIMENSION CJSC the status of ACBA Bank’s common shares market maker, having also listed the bank’s shares on its highest A platform, DIMENSION CJSC reported. YEREVAN, February 11, /ARKA/....
02/11/2022Acba Bank’s shares available on Armenian Securities Exchange (VIDEO)
Citizens and representatives of the business community can already buy the shares of Acba Bank, which have been listed on the Armenian Securities Exchange (AMX), the bank's press service reported. YEREVAN, February 3. /ARKA/. Citizens and representatives of the business community can already buy the shares of Acba Bank, which have been listed on the Armenian Securities Exchange ...
02/03/2022Acba Bank’s shares listed on Armenian Securities Exchange (photos)
The Acba Bank said today its shares worth 7.5 billion drams have been listed on the Armenian Securities Exchange (AMX). YEREVAN, February 1. /ARKA/. The Acba Bank said today its shares worth 7.5 billion drams have been listed on the Armenian Securities Exchange (AMX). Starting from today residents and non-residents - individuals ...
02/01/2022Acba Bank's shares worth 7.5 billion drams to be listed on Armenian Securities Exchange (VIDEO)
... In 2021 the Acba Bank conducted a public offering by issuing 500 thousand shares worth a total of AMD 7.5 bln, the bank's press service said today following a review of the bank’s performance last year. It said the shares will soon be listed on the Armenian Securities Exchange, enabling any person or company to buy and sell them. According to Acba Bank CEO Hakob Andreasyan, the process of issuing shares has not yet been completed. "Of course, we have issued and placed the shares, but we still ...
01/31/2022Convertible Class B preferred shares of Unibank listed on secondary (B) site of Armenian Securities Exchange
Convertible Class B preferred shares of Unibank OJSC have been listed on the secondary (B) site of the Armenian Securities Exchange (AMX), the bank's press service reported. YEREVAN, Dec. 30. /ARKA/. Convertible Class B preferred shares of Unibank OJSC have been listed on the secondary (B) site of the Armenian Securities Exchange (AMX), the bank's press ...
12/30/2021Unibank offers USD-denominated coupon bonds with high yield of 4.8%
... the Republic of Armenia On Guaranteeing the Compensation of Bank Deposits of Individuals, funds attracted by the nominal bonds issued by a bank are considered as bank deposits guaranteed by the Deposit Guarantee Fund. Income from bonds listed on the Armenian Securities Exchange with a maturity of two years or more is not taxable. The prospectus of the bond program /registered on 22.01.2021, according to Decision 1/25A), its supplements, as well as the final terms of the issue are published on www....
12/02/2021Some 400 individual investors and corporate entities acquire 4.5 billion drams worth shares of Acba bank (video)
... Acba bank, which it issued in September 2021, the bank’s press office said today. According to it, it is one of the largest share placements in Armenia. The placement of such a number of shares ensures their further listing on the liquid site of the Armenian Securities Exchange. “Why become a shareholder of Acba bank? There are two reasons for an investor: financial and non-financial. The financial objectives of the acquisition are very specific: to obtain stable and long-term income. In a non-financial ...
10/28/2021Converse Bank completes placement of corporate bonds
....25%, respectively. The Bank will apply to the Armenian Stock Exchange to list the distributed bonds on the ABond platform of corporate bonds. Currently, Converse Bank’s 2 billion Armenian drams and 15 million US dollar bonds are being traded on the Armenian Securities Exchange. The Bank plans to distribute another two tranches of corporate bonds during 2021. Converse Bank is a universal bank providing banking services both in its branches and on its online platforms. As of 30th June 2021, the bank's ...
07/29/2021AMD bonds of Unibank's new issue listed on Armenian Securities Exchange
The 13th issue of Unibank AMD denominated bonds was listed on the Armenian Securities Exchange. YEREVAN, March 16. /ARKA/. The 13th issue of Unibank AMD denominated bonds was listed on the Armenian Securities Exchange. The issue volume makes up 1 billion AMD with the annual 10.5% coupon yield. Taking into account ...
03/16/2021Unibank issues AMD-and USD-denominated bonds with 10.5% and 5.3% yield respectively
... guaranteed individual deposits have been increased to 16 million drams for deposits in the national currency and to the equivalent of 7 million drams for deposits in foreign currencies. “Another potential advantage is that income from bonds listed on the Armenian Securities Exchange with a maturity of two years or more is tax-free,” the bank said in the press release. The prospectus of the bonds was registered by the decision of the Chairman of the Central Bank of the Republic of Armenia dated January ...
02/08/2021IDBank prematurely finished the placement of the first tranche of bonds in 2021
... press release. It said the total volume of the issue was USD 5 million, the annual coupon interest rate is 5%, the coupons are to be paid quarterly and the maturity is 30 months. Placement ended on February 2 of 2021. The bonds will be listed in the Armenian Securities Exchange and will be quoted by the Marketmaker. The Bank reminded that now investing in bonds is not only profitable, but also convenient: “Our digital banking specialists have taken care of it: from now on, by buying IDBank’s ...
02/04/2021Unibank’s USD bonds listed on Moscow Exchange
... Unibank’s bonds are trustworthy, profitable and with high liquidity”, commented Mesrop Hakobyan, CEO of Unibank. “This is a historic event for the Armenian capital market. For the first time, securities that have passed the listing procedure on the Armenian Securities Exchange have also passed the listing on a foreign stock exchange. On the eve of the formation of a single financial market in the Eurasian Economic Union in 2025, the Armenian Securities Exchange and the Central Securities Depository ...
08/04/2020Unibank places tenth issue of bonds to the tune of $1,000,000 and has them listed on Armenian Securities Exchange AMX
Unibank has successfully placed the tenth issue of bonds to the tune of $1,000,000 and had them listed on the Armenian Securities Exchange AMX. YEREVAN, December 24. /ARKA/. Unibank has successfully placed the tenth issue of bonds to the tune of $1,000,000 and had them listed on the Armenian Securities Exchange AMX. All 10,000 bonds (UNIBBA) were listed ...
12/24/2019Central Bank explains why Armenia dropped several notches in World Bank Doing Business-2020 rating
... standing dropped because of World Bank experts' failure to take into account all the companies listed in Armenia's Securities Exchange. He said according to the Doing Business criteria, a country should have 10 or more listed companies. He said the Armenian Securities Exchange sent a corresponding letter to World Bank experts, who, however, took into account only three listed companies. As a result, Armenia lost several points. "Now we are in touch with World Bank specialists, and if the current ...
11/05/2019EDB deputy board chairman: Armenia set to have highest GDP growth in EEU
... work is underway with local banks for providing credit funds to support small, medium-sized businesses and micro enterprises. We also intend to promote the development of the capital market, and in this regard we will provide technical support to the Armenian Securities Exchange Amex. ARKA- Earlier, media reported that the EDB intends to enter the capital of the banks of the founding countries and, in particular, already has such experience in Armenia. What are the goals of the EDB in taking this ...
10/08/2019Unibank says its USD-denominated bonds offer guaranteed income of 5 percent
... entities, and, like deposits, are protected by the Deposit Insurance Fund,’ the bank said. The interest in Unibank’s bonds is high, as demonstrated by the successful sale of previous issues. All USD-denominated bonds of the bank were listed on the Armenian Securities Exchange and included in the Abond list. The ninth issue of Unibank’s USD-denominated bonds comprise 50,000 bonds to the tune of $5 million. The maturity of bonds is 36 months; repayment will take place on March 20, 2022. Details ...
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