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Armeconombank is making a public offer of shares from 14 June  to 31 October 2024. 373,135 common shares were issued with a market (acquisition) value of AMD 5,360 each (nominal value: AMD 2,080), the total volume of securities with a market value makes AMD 2,000,003,600 (nominal value: AMD 776,120,800).

All physical and legal entities can purchase shares from 54 branches operating in Yerevan and regions.

Although, as each financial instrument, purchase of shares also implies certain risks conditioned by changes in balance-sheet (market) value, but the mentioned risk is reached  to a minimum level due to effective risk management mechanisms implemented in the bank.  In addition, the balance sheet value of these shares is steadily increasing. in the last 3 years (as of 31.12.2020 compared to 31.12.2023) the balance-sheet value of the shares has increased by about 40% (calculated by comparable* share prices), which is combined with the annual dividend payment policy, greatly emphasizing the demands of both shareholders and the efficient development of the bank, which will once again contribute to the interests of shareholders. The bank has been paying dividends to its shareholders for the 10th year in a row. All this is evidenced by the attractiveness of shares.

The shareholders are enabled to not only receive annual dividends, but also to participate in the management of the bank, being a part of a number of implemented projects. The growing number of shareholders, whose number approaches 7,000, testifies to the trust formed in Armeconombank.

Armeconombank, being at the beginning of the formation of the banking system, thanks to the experience gained over 30 years, strengthens its position in the market year by year, ensuring a steady growth of financial indicators.

Only in the last three years.

• The bank's assets increased by 45%, amounting to about AMD 465bn
• Liabilities by 45%, amounting to more than AMD 404bn
• Loans given to customers increased by 51%, amounting to more than AMD 291bn
• Total capital by 45%, making about AMD 61bn
• In 2023, the annual net profit of the bank amounted to about AMD 5bn

It is also worth mentioning the importance of the role of corporate responsibility by Armeconombank. In 2023 alone, the bank directed about AMD 210mn to the implementation of social and charity programs, and recently it was announced to provide AMD 100mn aid to the residents affected by the severe consequences of the flood in Lori and Tavush regions.

See the 2023 achievements of Armeconombank in more detail in the video.

The prospectus was registered by the Central Bank of Armenia and is published with the supplement of the prospectus in the "Prospectus" subsection of the "Owners" section of the Bank's website (https://www.aeb.am/uploads/azdagir_bajnetoms10.pdf, https://www.aeb.am/uploads/azdagri_lracum.pdf ), www.azdarar.am with the supplement of the Prospectus and is available at the head office of Armeconombank, at Amiryan 23/1, Yerevan.

*(On 21 April 2023, In-absentia Extraordinary Meeting  of the Bank's Shareholders with remote voting, resolved to split Bank's ordinary shares in the ratio of 1 share into 5 shares, as a result, the nominal value of 1 share was reduced 5 times, from AMD 10,400 to AMD 2,080. To calculate the increase in the balance sheet value at comparable prices on 31.12.2020 the carrying amount has been reduced proportionately in accordance with the above-mentioned