The authorized capital of the Bank is 31,578,015,520 AMD. It includes 12,119,719 ordinary shares, each with a nominal value of 2,080 AMD, and 424,600 preferred shares, each with a nominal value of 15,000 AMD.

ARMECONOMBANK OJSC has made 24 issues of shares. 

The bank has 7,458 shareholders.

Regarding the quotation of the bank's shares, the "ARMENIAN STOCK EXCHANGE" OJSC maintains the share register of the Central Depository of Armenia.

The bank's dividend payment policy is grounded in the following approach: taking maximum consideration of the demands of the bank's shareholders and ensuring the efficient development of the bank, which, in turn, contributes to the interests of the shareholders.

Based on the annual results, the Bank, against the common shares, paid dividends in the sizes mentioned below.

(On 21 April 2023, the extraordinary meeting of the Bank’s shareholders resolved to split the Bank's ordinary shares at the ratio of 1-into-5. As a result, the nominal value of 1 share decreased 5 times, from AMD 10,400 to AMD 2,080. Therefore, to compare the dividends before and after the split, it will be necessary to multiply the dividends paid (starting from 2022) by 5 (for example, AMD 30 dividend paid in 2022 is equivalent to AMD 150 paid in the preceding years).The Bank’s policy on the payment of dividends proceeds from the following approach: to pay serious attention to the requirements of the Bank’s shareholders, to ensure the efficient development of the bank, which will contribute to the shareholders’ benefits).

In compliance with part 4 of the Article 43 of the RA law on “Banks and Banking”, each participant of ARMECONOMBANK OJSC has the right to receive the copies of the latest Annual report and the External Auditor’s Report.  

Each participant owning 2% and more of the distributed voting shares (shares, stocks), is entitled with the right to get the information set forth by the parts 4 and 5 of the Article 43 of the RA law on “Banks and Banking”. The Law is available on the following link.

The aforementioned information shall be provided by the Bank FREE OF CHARGE within 3 working days after the receipt of the written demand of the participant. The written application can be submitted by the following means of communication: on hand – in the  head office, any branch or representation of the Bank, through email-bank@aeb.am or by mail- 23/1  Amiryan 23/1, 0002, Yerevan,  ARMECONOMBANK OJSC.