News

From 25 April 2018 to 24 July 2018 the Bank will allocate the first tranche of USD bonds issued.

The total volume of the first issue amounts to USD 2 mln., which includes 20,000 nominal, non-documentary coupon bonds with USD 100 nominal value. The annual coupon yield of the bonds is 5% with 27 months circulation period. The payment of coupon bonds will be implemented quarterly. The redemption of the bonds will take place on 25.07.2020.

After the distribution, the bonds will be listed on NASDAQ OMX ARMENIA and will have a market maker.

The Prospectus was registered by RA CB on 24 February 2018. For more information on the Prospectus and on the terms of the issue please visit www.aeb.am website.

In order to buy bonds, individuals and legal entities can apply to ARMECONOMBANK OJSC’s Head Office or to any branch of the Bank.

You can download the electronic version of the Prospectus from www.aeb.am , and the hard copy by visiting ARMECONOMBANK OJSC’ Head Office – Amiryan 23/1, Yerevan.

We should also remind that pursuant to the Law of the Republic of Armenia "On Guaranteeing Bank Deposits of Individuals", the funds attracted by nominal coupon bonds issued by the bank are considered as guaranteed bank deposits and are guaranteed by the Deposit Guarantee