ARARATBANK Implements Regular Bonds Issuance
OREANDA-NEWS. May 14, 2014. ARARATBANK implements regular bond issuance with total of USD 1 000 000 (one million), nominal value of USD 25 (twenty-five), 40 000 (fourty thousand pcs.), 48 (forty-eight) months of repayment term, 8% (eight) annual interest income, coupon payment on a quarterly basis.
ARARATBANK is a member of the Union of Banks of Armenia and is a partner of the Ministry of Finance and Economy of Armenia in the field of the internal public debt management. The Bank is a government agent in the field of the public debt management of Armenia on the primary and secondary markets.
ARARATBANK is a member of NASDAQ OMX Armenia OJSC. The status of a stock exchange member enables the Bank to trade in all instruments available at the Stock Exchange.
Pursuant to the CBA resolution No 1/723A of July 17, 2008 ARARATBANK OJSC has been registered in the register of insurance agents and has been issued a Registration certificate № 25.
Global Rating international independent agency granted a credit rating ‘BB’ with stable outlook to ARARATBANK.
ARARATBANK has 47 branches both in Yerevan and regions.
ARARATBANK is a shareholder and full member of Armenian Card Company, as well as an affiliated member of MasterCard and VISA International payment systems.
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