http://www.banks.am/ Բիզնես լուրեր Հայաստանից, ֆինանսական լուրեր, բանկեր, աշխատատեղեր, դոլար, եվրո, փոխարժեքներ en-us Thu, 04 Jun 2026 23:25:36 +0400 https://banks.am/en/news//30762 https://banks.am/en/news//30762 Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders. 
The bank reported that the coupon rate of the new issuance is set at 13.25% per annum, making it “one of the most attractive offerings on the market for investors seeking stable long-term returns.”

Investors who are not currently shareholders of the bank may gain access to the perpetual bonds by purchasing Unibank shares. The bank is currently placing another tranche of ordinary shares worth AMD 3.9 billion. A total of 10 million shares are expected to be placed by September 9, 2026.

Unibank continues to expand opportunities for shareholders and contribute to the development of Armenia’s capital market by offering investors modern and efficient long-term investment solutions.

According to the terms of the offering, investors are entitled to purchase 300 perpetual bonds for every 2,600 ordinary shares held. For holdings exceeding 2,600 shares, the maximum number of purchasable perpetual bonds increases proportionally – one additional bond for every 8 additional ordinary shares. The minimum purchase amount is 100 bonds.

The coupon rate for the new tranche is set at 13.25% per annum for the first 36 months, after which it will be determined based on the yield curve of government bonds. Coupon payments will be made semi-annually.

Last year, Unibank became the first bank in Armenia’s history to issue perpetual bonds totaling AMD 6.5 billion and USD 9 million, successfully placing them well ahead of schedule. 

The placement generated strong activity in the securities market and became one of the most notable events in the country’s financial sector. ]]> Fri, 29 May 2026 10:16:00 +0400 https://banks.am/en/news//30735 https://banks.am/en/news//30735 Unibank has announced a new issue of common shares totaling AMD 3.9 billion. By September 9, 2026, the bank plans to place 10 million shares.
The bank reported that since its IPO in 2015, the value of Unibank shares has increased by approximately 70%. The placement price of one share in the new issue is AMD 390. Both individuals and legal entities can purchase shares at any branch of the bank. The minimum investment amount is AMD 1,014,000.

After the placement of the shares, the bank plans to apply to the Armenia Securities Exchange (AMX) for the shares to be included in the B listing, as the free float already exceeds 10%.

Unibank consistently implements a dividend policy aimed at ensuring shareholder returns while maintaining sustainable growth and sufficient capital for the bank’s long-term development. Dividends for 2024 nearly doubled compared to the previous year, reaching AMD 7.8 billion. By the end of June, Unibank’s Annual General Meeting of Shareholders will take place, during which dividends for 2025 are expected to be approved.

According to the results of the first quarter of 2026, Unibank recorded a net profit of AMD 1.8 billion. The bank’s assets amounted to MD 395 billion, the loan portfolio – AMD 274 billion. Unibank became the first bank in Armenia to implement an artificial intelligence-based credit scoring system. The bank ranks among the country’s top five leaders in POS lending volume and holds a leading position in the number of issued POS loans.

Due to the significant improvement in the quality of its loan portfolio and profitability, Moody’s assigned Unibank a B1 long-term deposit rating with a “stable” outlook.

The share issue prospectus was registered by Decision No. 1/210A of the Governor of the Central Bank of Armenia dated May 13, 2026 and is available on the bank’s website. ]]> Wed, 20 May 2026 17:57:00 +0400 https://banks.am/en/news//30702 https://banks.am/en/news//30702 For more than 15 years, AraratBank has been an active participant in Armenia’s capital market and, in recent years, has been recognized as a leading underwriter in the corporate securities market.
Drawing on its extensive expertise in investment banking, AraratBank continues to support companies taking its first step into the capital market. 

The bank has successfully placed the AMD- and USD-denominated bonds of Garni Invest UCO CJSC. The AMD-denominated bonds were placed on March 18 of the current year, while the USD-denominated bonds were placed during the period from March 18 to March 20 of the current year.

“The initial offering proved successful. To be honest, I had certain concerns regarding the placement; however, the bonds were fully and successfully placed. The demand significantly surpassed both our expectations and the volume of issued bonds. Our cooperation with AraratBank was highly effective. I would like to express my sincere gratitude to the AraratBank team for their support, responsiveness, and contribution to the successful placement,” said Bagrat Asatryan, Executive Director of Garni Invest UCO CJSC.

AraratBank reported that on May 12, Garni Invest UCO CJSC officially marked its entry into the Armenia Stock Exchange, joining the ranks of listed companies. The traditional bell-ringing ceremony, symbolizing the company’s listing, signaled the start of bond trading on the exchange, as well as a new phase in the company’s journey of growth and development through the capital market.

“I am pleased that AraratBank stood alongside Garni Invest UCO as a partner throughout this process. From the very beginning, we were able to ensure a smooth workflow in terms of service delivery and advisory support, the result of which we are witnessing today. This represents a further step forward in the development of the capital market, and I am confident that increased availability and diversity of alternative investment options will benefit both our clients and the broader public. Providing our clients with a wide range of diversified services is at the core of our efforts,” said Vakhtang Abrahamyan, Chairman of the Executive Board and Chief Executive Officer of AraratBank.

The bonds are listed on the Armenia Stock Exchange, enabling investors who did not participate in the primary placement to purchase them on the secondary market.

“There is strong interest in the bonds, as evidenced by the fact that transactions were executed at prices higher than the initial placement price, clearly indicating strong demand. Another evidence of this demand is that the bonds were effectively fully placed and sold within just a few hours. This is highly commendable and encouraging, particularly in light of the growing participation of the public in the capital market and its increasing ability to differentiate between bank deposits and bonds,” said Hayk Yeganyan, Chief Executive Officer of the Armenia Stock Exchange.

“Leveraging its extensive experience in securities issuance and placement, as well as a strong track record in corporate bond placements for leading companies, AraratBank will continue to dedicate its expertise to the development of Armenia’s capital market and the support of emerging market participants,” the news release reads.

AraratBank is regulated by the Central Bank of Armenia. ]]> Wed, 13 May 2026 15:48:00 +0400 https://banks.am/en/news//30688 https://banks.am/en/news//30688 Auction for the placement of government bonds with a total volume of 30 billion AMD and a government bond buyback auction with a total volume of 5 billion AMD were held at the Armenia Stock Exchange on May 12.
The results of the auctions are as follows:

1. ISIN AMGN60294318, maturity period of 5 years

•    Volume of government bonds offered for placement: 30,000,000,000 AMD.
•    Weighted average yield to maturity: 7.9963%, annual coupon yield: 7.6%.

2. ISIN AMGN36294277, maturity period of 3 years
•    Volume of the government bond buyback auction: 3,000,000,000 AMD.
•    Weighted average yield to maturity: 6.7391%, annual coupon yield: 8.4%.

3. ISIN AMGN60294276, maturity period of 5 years

•    Volume of the government bond buyback auction: 2,000,000,00 AMD.
•    Weighted average yield to maturity: 6.7%, annual coupon yield: 9.4%.

Government bonds are available both on the Armenia Stock Exchange trading platform and online via gp.minfin.am.

Details of the auctions can be found here. ]]> Tue, 12 May 2026 15:18:00 +0400 https://banks.am/en/news//30671 https://banks.am/en/news//30671 Armenia Stock Exchange (AMX) has summarized the trading activity for April 2026. During the month, a dynamic trading environment has been maintained, highlighting “growing investor confidence and market activity.”
On the primary auction platform of AMX, the allocation volume of government bonds was more than 120.6 billion AMD. Meanwhile, 62 transactions were conducted on the secondary market, with a total volume of more than 22.4 billion AMD.

In the corporate bonds market, trading volume increased by 195% compared to the same period last year, reaching approximately 23.5 billion AMD. During the reporting period, 1732 transactions were concluded involving 204 corporate bonds listed on the exchange as of the end of April. This steady growth reflects healthy demand for corporate bonds.

The trade volume of equity reached approximately 591.5 million AMD and the market capitalization approximately 470 billion AMD. Compared to the same period last year, trading volume increased by 287%. A total of 170 transactions were concluded with shares.

The volume of REPO agreements has been more than 18.1 billion AMD. A total of 200 repo transactions were conducted in April, exceeding the same period last year by 221%.

On the AMX FX platform, 5 transactions were executed with a total volume approximately 364 million AMD. During the month, the exchange rate price ranged between 370․75 and 376․5 AMD.

Comparative charts of monthly data can be viewed on the official AMX website. ]]> Thu, 07 May 2026 16:41:00 +0400 https://banks.am/en/news//30648 https://banks.am/en/news//30648 Auction for the placement of government bonds worth over 112.5 billion AMD was held at the Armenia Stock Exchange, specifically:
1. For government bonds with the ISIN AMGB1129A357, and a maturity period of 11 years:

•    placement volume amounted to 27,565,300,000 AMD,
•    weighted average yield was 8.6845%,
•    annual coupon yield was 9%.

2. For government bonds with the ISIN AMGN36294293, and a maturity period of 3 years:

•    placement volume amounted to 40,000,000,000 AMD,
•    weighted average yield was 7.4851%, 
•    annual coupon yield was 9%.

3. For government bonds with the ISIN AMGN60294318, and a maturity period of 5 years:

•    placement volume amounted to 40,000,000,000 AMD,
•    weighted average yield was 8.0136%, 
•    annual coupon yield was 9%

4. For government bonds with the ISIN AMGT52054278, and a maturity period of 1 year:

•    placement volume amounted to 5,000,000,000 AMD,
•    weighted average yield was 6.9643%.

Exchange trading platform and online via gp.minfin.am. 

Details of the auctions can be found here. ]]> Wed, 29 Apr 2026 16:26:00 +0400 https://banks.am/en/news//30611 https://banks.am/en/news//30611 Unibank announces a new issue of USD bonds in the amount of 5 million USD. The coupon rate is 5.6% per annum, which will be paid on a quarterly basis.
The bank reported that the nominal value of each bond is USD 100, with a minimum purchase of 10 bonds (USD 1,000). The maturity period is 36 months.

The USD bonds are available for purchase at all Unibank branches. The placement is expected to be completed by June 29, 2026, after which the bonds will be listed on the Armenian Stock Exchange (AMX).

Funds raised through these registered coupon bonds are guaranteed by the Deposit Guarantee Fund of Armenia in accordance with the Law of the Republic of Armenia “On Guaranteeing Compensation of Bank Deposits of Individuals,” within the established limits, procedures, and conditions.

The Program Prospectus (registered on April 8, 2026, decision No. 1/156 A) and the Final Terms are available here. ]]> Mon, 20 Apr 2026 15:03:00 +0400 https://banks.am/en/news//30529 https://banks.am/en/news//30529 Armenia Stock Exchange (AMX) has summarized the trading activity for March 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

On the primary auction platform of AMX, the allocation volume of government bonds was more than 29.5 billion AMD. Meanwhile, 166 transactions were conducted on the secondary market, with a total volume of more than 76.4 billion AMD, exceeding the same period of the previous year by 95%.

In the corporate bonds market, trading volume increased by 99% compared to the same period last year, reaching approximately 15.4 billion AMD. During the reporting period, 1830 transactions were concluded involving 197 corporate bonds listed on the exchange as of the end of March. This steady growth reflects healthy demand for corporate bonds.

The trade volume of equity reached approximately 2 billion AMD and the market capitalization approximately 458.85 billion AMD. Compared to the same period last year, trading volume increased by 786%, while capitalization increased by 1.65%. A total of 228 transactions were concluded with shares.

The volume of REPO agreements has been more than 14 billion AMD. A total of 132 repo transactions were conducted in March, exceeding the same period last year by 146%.

On the AMX FX platform, 13 transactions were executed with a total volume more than 2.6 billion AMD. During the month, the exchange rate price ranged between 377.75 and 378.5 AMD.

Comparative charts of monthly data can be viewed on the official AMX website. ]]> Mon, 06 Apr 2026 14:51:00 +0400 https://banks.am/en/news//30483 https://banks.am/en/news//30483 From April 1 to September 1 this year, Armeconombank will place new tranche of its AMD-denominated bonds.

The AMD-denominated bonds, with a total volume of AMD 3 bln, comprise 300,000 registered, uncertificated, coupon bonds with a nominal value of AMD 10,000 each.

The bonds carry an annual coupon yield of 9.75%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is September 1, 2029.

Following the completion of the placement, the bonds will be listed on the Armenia Stock Exchange and will be quoted by a Marketmaker.

E-copies of the Bond Program Prospectus (registered by the Central Bank of Armenia) and the Final Terms of the issue are available for download on the bank’s website. Hard copies may be obtained at the bank’s head office (23/1 Amiryan St., Yerevan).

The bonds may be purchased by both individuals and legal entities via the AEB Mobile application and the AEB Online system, as well as at the bank’s head office or any branch, by submitting bond purchase application(s) in accordance with the established procedure.

The AEB Mobile application can be downloaded here.

Please note that:

•    Coupon income paid on bonds listed on the Armenian Stock Exchange OJSC until 31 December 2027 is not subject to taxation.
•    In accordance with the RA Law “On Guaranteeing Compensation of Bank Deposits of Individuals”, funds attracted by the bank through the issuance of registered coupon bonds are considered guaranteed bank deposits and are insured by the Deposit Guarantee Fund.

Armeconombank is supervised by the Central Bank of Armenia. ]]> Fri, 27 Mar 2026 14:31:00 +0400 https://banks.am/en/news//30442 https://banks.am/en/news//30442 The line of companies listed on the Armenia Stock Exchange (AMX) has today been expanded by “Kamurj” UCO CJSC, a company specialized in the financial and credit sector. 

The company is engaged in financing agriculture, supporting both micro and large farming enterprises, provides business lending aimed at business development, and offers mortgage loans, housing improvement loans, and consumer loans.

Starting from March 18, investors will have the opportunity to participate in the exchange trading of “Kamurj” UCO CJSC bonds by applying to banks or investment companies that are members of the exchange.

“KAMURJ” UCO CJSC bonds, with a total nominal volume of 1,000,000,000 AMD, will be included in the secondary bond list of the Armenia Stock Exchange. A total of 20,000 bonds will be listed, each with a nominal value of 50,000 AMD, a coupon yield of 12.5%, and a circulation period of 36 months. It will also be possible to conduct negotiated trades and conclude repo transactions with these bonds.

The placement of the bonds was carried out on February 3, 2026, through the placement platform of the Armenia Stock Exchange operator, with the mediation of Dimension CJSC.

“The entry of “Kamurj” UCO CJSC into the capital market is a significant step in the company’s path of further development. We highly appreciate the company’s willingness to expand its financial toolkit. This not only demonstrates the stability of the company’s operations but also promotes the activation of the capital market, serving as an example for other companies aiming to operate under transparent and accountable conditions,” said the CEO of the Armenia Stock Exchange, Hayk Yeganyan.

“Entering the Armenia Stock Exchange is an important step in the development of our company and will provide an opportunity to expand our sources of financing. We strive to offer simple and accessible financial services tailored to the needs of our clients, which will contribute to the growth of economic activity and increase access to financial services,” said the CEO of “Kamurj” UCO CJSC, Alexander Teryan. ]]> Wed, 18 Mar 2026 16:26:00 +0400 https://banks.am/en/news//30440 https://banks.am/en/news//30440 On March 17, 2026, IDBank placed registered coupon bonds through a public offering on the following terms:

2nd tranche, 2026 AMANLBBM5ER9

•    Total volume – 2 billion 500 million drams
•    Annual interest rate - 10%
•    Bond maturity - 36 months (3 years)
•    Bond payment – 3 months
•    Start of issue/placement – March 17, 2026
•    End of placement – May 11, 2026
•    Maturity date – March 17, 2029

3rd tranche, 2026 AMANLBBM6ER7

•    Total volume - 5 million dollars
•    Annual interest rate - 5%
•    Bond maturity - 36 months (3 years)
•    Bond payment – 6 months
•    Start of issue/placement –  March 17, 2026
•    End of placement – August 10, 2026
•    Maturity date – March 17, 2029

The second tranche of the bonds will be placed from March 17 to May 11, 2026 (inclusive), and the third tranche from March 17 to August 10, 2026 (inclusive).

After the placement, the bonds will be listed in the “Armenian Stock Exchange” OJSC. The bonds will be quoted through the Marketmaker. 

The full information about the bonds will be available on the Idram&IDBank application immediately after the purchase: the “Bonds” section of the “Banking Services” section provides abbreviation, quantity, face value, annual coupon yield, coupon payment date and maturity date of the bonds. 

You can see all the information about the bonds by following the link.

The Bond prospectus was registered by the CBA, resolution N1/407А of the Chairman of the CBA from November 12, 2025. The electronic version of the prospectus and the final terms of issue are available on the official website of the bank.

The bank is supervised by CBA. ]]> Tue, 17 Mar 2026 16:49:00 +0400 https://banks.am/en/news//30390 https://banks.am/en/news//30390 Armenia Stock Exchange (AMX) has summarized the trading activity for February 2026. 

AMX reported that during the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

On the primary auction platform of AMX, the allocation volume of government bonds was more than 34 billion AMD. Meanwhile, 114 transactions were conducted on the secondary market, with a total volume of more than 39 billion AMD, exceeding the same period of the previous year by 190%.

In the corporate bonds market, trading volume increased by 38% compared to the same period last year, reaching approximately 14 billion AMD. During the reporting period, 1512 transactions were concluded involving 195 corporate bonds listed on the exchange as of the end of February. This steady growth reflects healthy demand for corporate bonds.

The trade volume of equity reached approximately 427 million AMD and the market capitalization approximately 478 billion AMD. Compared to the same period last year, trading volume increased by 520%, while capitalization increased by 6.53%. A total of 166 transactions were concluded with shares.

The volume of REPO agreements has been more than 5.3 billion AMD. A total of 50 repo transactions were conducted in February.

On the AMX FX platform, 8 transactions were executed with a total volume more than 1 billion AMD. Over the month, the USD bid rate fluctuated between 377.25 AMD and 377.9 AMD, and the offer rate ranged from 377․5 AMD to 379 AMD. The average transaction price of the concluded transactions was 377.63 AMD.

Comparative charts of monthly data can be viewed on the official AMX website. ]]> Fri, 06 Mar 2026 17:01:00 +0400 https://banks.am/en/news//30353 https://banks.am/en/news//30353 On March 13, 2026, at Marriott Yerevan Hotel, Cbonds Congress will hold the IV Conference Capital Markets Armenia, the annual international conference dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system.

For the fourth consecutive time, the event will bring together representatives of regulators, commercial banks, investment and asset management companies, industrial enterprises, international financial organizations, rating agencies and infrastructure institutions.

Among the speakers of the conference are Hayk Yeganyan, Chief Executive Officer of the Armenia Stock Exchange; Konstantin Saroyan, Secretary General of the Federation of Euro-Asian Capital Markets; Mesrop Hakobyan, Chairman of the Management Board of Unibank (Armenia); Karen Zakaryan, Executive Director of FINARM and other TOP managers of major banks and financial organizations of Armenia.

Key topics for discussion are the economy and financial system of Armenia: results of 2025 and prospects for 2026 in the economic and financial systems of Armenia; the domestic capital market, its infrastructure and investment attractiveness. In addition, the speakers will consider issues related to global financial markets, macroeconomics, implementation of digital solutions in financial infrastructure, opportunities for investors in the current year and much more.

We would like to add that in 2025, the Capital Markets Armenia conference gathered nearly 250 participants from 12 countries.

Detailed information is available on the official website of the event.

You can register for the event via the link - go to link.

The conference is organized by Cbonds-Congress, an international organizer of professional events in the sphere of capital markets and debt instruments (fixed income). The company has been operating in the financial market since 2000 and has implemented hundreds of specialized projects with the participation of banks, investment companies, issuers, regulators and institutional investors from various countries.

Cbonds is one of the leading providers of information and analytics on bond markets, emerging capital markets and debt instruments.

For questions regarding participation in the conference please contact:
Anna Volodina, Program Producer
Tel.: +374 93 346 069
E-mail: av@cbonds-congress.com ]]> Mon, 02 Mar 2026 00:07:00 +0400 https://banks.am/en/news//30348 https://banks.am/en/news//30348 From March 2 to August 2 this year, Armeconombank will place new tranche of its AMD-denominated bonds.

The bank reported that the bonds, with a total volume of AMD 3 bln, comprise 300,000 registered, uncertificated, coupon bonds with a nominal value of AMD 10,000 each.

The bonds carry an annual coupon yield of 10%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is March 2, 2029. 

Following the completion of the placement, the bonds will be listed on the Armenia Stock Exchange and will be quoted by a Market Maker.

E-copies of the Bond Program Prospectus (registered by the Central Bank of Armenia) and the Final Terms of the issue are available for download on the bank’s website. Hard copies may be obtained at the bank’s head office (23/1 Amiryan St., Yerevan).

The bonds may be purchased by both individuals and legal entities by applying at the bank’s head office or any branch. 

Armeconombank’s bonds can also be purchased online via the AEB Mobile application and the AEB Online system. The AEB Mobile application can be downloaded here. 

 Armeconombank is supervised by the Central Bank of Armenia. ]]> Fri, 27 Feb 2026 14:21:00 +0400 https://banks.am/en/news//30337 https://banks.am/en/news//30337 Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading. The bank issued three tranches with a total volume of AMD 6.5 billion and USD 9 million.

The bank reported that the coupon rate of the AMD-denominated issuances for the first three years is 13.75%, after which it will be calculated based on the yield curve of government bonds. The rate of the USD-denominated bonds is 8.3%, and after the first three years, it will be calculated based on the SOFR rate.

“Unibank was the first in Armenia to issue perpetual bonds. The launch of this new instrument was a significant event for the Armenian securities market. Perpetual bonds provide an opportunity to receive regular income over the long term. 

Notably, the entire volume of the bonds was placed within a few days, which once again confirms the attractiveness of the offer and the high level of investor confidence in Unibank,” the news release reads. ]]> Wed, 25 Feb 2026 11:15:00 +0400 https://banks.am/en/news//30333 https://banks.am/en/news//30333 Armeconombank completed the placement of its AMD-denominated bonds issued on February 23, 2026, with a total volume of AMD 4 bln within just one day.

The bank reported that the bonds carry an annual coupon yield of 10.25%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is February 23, 2029. 

The bonds will be listed on the Armenia Stock Exchange and will be quoted by a Market Maker.

Coupon payments and redemption of the bonds will be carried out according to the following schedule:
•    1st payment – August 23, 2026
•    2nd payment – February 23, 2027
•    3rd payment – August 23, 2027
•    4th payment – February 23, 2028
•    5th payment – August 23, 2028
•    6th payment and redemption of the nominal value – February 23, 2029.

You can find detailed information about the bonds in the prospectus.

In accordance with the RA Law “On Guaranteeing Compensation of Bank Deposits of Individuals”, funds attracted by the bank through the issuance of registered coupon bonds are considered guaranteed bank deposits and are insured by the Deposit Guarantee Fund.

Armeconombank is supervised by the Central Bank of Armenia. ]]> Tue, 24 Feb 2026 16:42:00 +0400 https://banks.am/en/news//30322 https://banks.am/en/news//30322 From February 23 to July 23 this year, Armeconombank will place new tranches of its AMD- and USD-denominated bonds.

The bank reported that the AMD-denominated bonds, with a total volume of AMD 4 bln, comprise 400,000 registered, uncertificated, coupon bonds with a nominal value of AMD 10,000 each.

The bonds carry an annual coupon yield of 10.25%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is February 23, 2029. 

The USD-denominated bonds, with a total volume of USD 2 mln, comprise 20,000 registered, uncertificated, coupon bonds with a nominal value of USD 100 each.

The bonds carry an annual coupon yield of 5.50%, with semiannual coupon payments. The circulation period is 36 months, and the maturity date is February 23, 2029.

Following the completion of the placement, the bonds will be listed on the Armenia Stock Exchange and will be quoted by a Market Maker. E-copies of the Bond Program Prospectus (registered by the Central Bank of Armenia) and the Final Terms of the issue are available for download on the bank’s website. Hard copies may be obtained at the bank’s Head Office (23/1 Amiryan St., Yerevan).

The bonds may be purchased by both individuals and legal entities by applying at the bank’s head office or any branch. 

It is noted that Armeconombank’s AMD and USD bonds can also be purchased online via the AEB Mobile application and the AEB Online system. The AEB Mobile application can be downloaded here. 

Coupon income paid on bonds listed on the Armenian Stock Exchange OJSC until 31 December 2027 is not subject to taxation.

In accordance with the RA Law “On Guaranteeing Compensation of Bank Deposits of Individuals”, funds attracted by the bank through the issuance of registered coupon bonds are considered guaranteed bank deposits and are insured by the Deposit Guarantee Fund.

Armeconombank is supervised by the Central Bank of Armenia. ]]> Fri, 20 Feb 2026 17:56:00 +0400 https://banks.am/en/news//30305 https://banks.am/en/news//30305 One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX). 

The Company, through its affiliates and subsidiaries, operates in the fields of information technology and system integration, fintech, logistics and e-commerce, energy and construction, hospitality, winemaking, and the supply of premium consumer goods, forming a diversified business portfolio that creates long-term value.

The traditional "bell ringing" ceremony took place at the exchange, during which the official listing decision was signed, signaling the company's entry into the capital market.

Starting February 16, investors will have the opportunity to participate in the exchange trading of “Team Holding” CJSC bonds by applying to banks or investment companies that are members of the exchange.

“Team Holding” CJSC’s  bonds, with a total nominal value of 1,400,000,000 AMD and 9,000,000 USD, will be included in the secondary Bbond list of the Armenia Stock Exchange. They will be listed as 14,000 and 90,000 bonds, respectively, with a nominal value of 100,000 AMD and  100 USD, offering 12 % and 9% annual yield, and a 48-month circulation period. These bonds will also be available for targeted trading.

The placement of the bonds was carried out from December 3 to December 29, 2025, through “Freedom Finance Armenia” LLC. 

The CEO of the Armenia Stock Exchange, Hayk Yeganyan, stated:

“The entry of “Team Holding” CJSC into the capital market is an important and logical continuation of the process that is already taking shape in Armenia. Last year, one of the Group’s subsidiaries, “Team Telecom Armenia,” successfully entered the Stock Exchange, setting a significant precedent for the telecommunications and technology sector. Today’s issuance demonstrates that the capital market can become a strategic development tool not only for individual companies but also for entire business groups.

We see that large, diversified companies view bonds not only as a means of financing, but also as part of a culture of governance, transparency, and long-term growth. This enhances investor confidence and strengthens the institutional foundations of the market.

For the Armenia Stock Exchange, it is a priority to create an environment where every responsible business-regardless of sector can effectively raise financing and expand its operations, thereby creating value for the economy.” 

“The Team Group of Companies is entering a new stage of development, giving investors the opportunity to use their savings efficiently and to participate in the modernization of technological and other sectors in Armenia that have great development potential,” stated, Hayk Yesayan, CEO of "Team Holding" CJSC.

“The listing of Team Holding’s bonds is an important step toward deepening Armenia’s capital market. For us, it is important not only to carry out the issuance, but also to build trust in the market and to develop an investment environment aligned with international best practices,” stated Hovak Hovakimyan, CEO of “Freedom Finance Armenia” LLC.

Founded in 2021, the company today brings together more than 10 businesses, operating in over seven sectors of the economy and providing services in four countries.

The proceeds from the bonds will be directed by Team Holding toward the development of its key strategic areas, including the implementation of infrastructure projects, the introduction of innovative solutions, and improving the efficiency of financing for ongoing projects.

The Armenia Stock Exchange aims to encourage the participation of responsible companies in the capital market, contributing to the formation of a reliable investment environment and ensuring access to long-term financing. ]]> Wed, 18 Feb 2026 10:01:00 +0400 https://banks.am/en/news//30287 https://banks.am/en/news//30287 Team Holding announces the launch of the second tranche of the placement of its registered coupon USD-denominated bonds.

The first tranche of the placement was completed ahead of schedule, demonstrating strong market interest and a high level of investor confidence in Team Holding.

The placement is carried out through the investment company Freedom Broker Armenia, ensuring full transparency of the process and compliance with international standards.

Team Holding bonds represent a long-term investment instrument aimed at financing the company’s infrastructure and innovation projects. The company’s strategy focuses on strengthening the economic environment, introducing new technologies, and implementing projects that create real value for the economy.

The second phase is launched against the backdrop of already established market demand and positive feedback.

The terms of the USD bonds offered within the second tranche are as follows: total nominal volume – USD 10 million; nominal value per bond – USD 100; coupon rate – 8.75%; maturity – 48 months. Coupon payments will be made on a quarterly basis.

The funds raised through the placement will be directed by Team Holding toward the development of its key strategic priorities, including the implementation of infrastructure projects, the introduction of innovative solutions, and increasing the efficiency of financing ongoing projects.

Co-founder of the Team Group of Companies, Hayk Yesayan, noted: “The early completion of the first phase of the bond placement became a clear signal for us of strong market interest and investor confidence. We highly value this trust and regard it as a responsibility to ensure sustainable growth and transparent development on an ongoing basis.

This program enables the Team Group of Companies to grow faster, expand the scale of its operations, and implement larger and more ambitious projects. At the same time, the funds raised are directed toward initiatives that not only strengthen our ecosystem but also have a long-term positive impact on economic growth.”

Director of Freedom Broker Armenia, Ovak Ovakimyan, added: “Our priority is to provide investors with simple, transparent and reliable investment instruments. The launch of the second phase of Team Holding’s bond placement is based on the successful results of the first phase and represents an important step both for the company’s development and for the sustainable expansion of Armenia’s capital market.”

Bonds may be purchased online through the Freedom Broker Armenia platform, by visiting the company’s office, or by submitting an application on the official website. 

The total amount of the bond program is USD 31,500,000 and AMD 1.4 billion. The bond program prospectus was registered by the Central Bank of the Republic of Armenia under Decision No. 1/417A dated November 19, 2025. 

Investors can access the rules for purchasing bonds, the electronic version of the prospectus, and public offering announcements via the provided link. All terms of issuance and associated risks are presented in the program prospectus.

***

About Team Holding

Team Holding JSC, founded in 2021 by Hayk and Alexander Yesayan, operates as a diversified holding structure that invests in and unites subsidiaries across multiple sectors, including information technology and system integration, fintech, logistics and e-commerce, energy and construction, hospitality, winemaking, and high-quality consumer goods. Today, the holding covers several key segments of Armenia’s economy.

About Freedom Broker Armenia

Freedom Broker Armenia (legal name - Freedom Finance Armenia LLC) is an investment company licensed by the Central Bank of Armenia, providing access to both local and international financial markets and offering a full range of investment services, including securities transactions, stock market investments, participation in IPOs, and online trading. The company is part of Freedom Holding Corp., an international financial group listed on NASDAQ (ticker FRHC) with a market capitalization of USD 8.9 billion and assets of USD 9.9 billion as of March 31, 2025. The group operates in the United States, Europe, the CIS, and Asia, employs more than 8,700 specialists, has 202 offices, and serves over 11 million users within its digital ecosystem. ]]> Fri, 13 Feb 2026 19:15:00 +0400 https://banks.am/en/news//30269 https://banks.am/en/news//30269 Auction for the placement of government bonds with a total volume of 20 billion AMD and a government bond buyback auction with a total volume of 8.3 billion AMD were held at the Armenia Stock Exchange.

The results of the auctions are as follows:

1. ISIN AMGN60294300, maturity period of 5 years
•    Volume of government bonds offered for placement: 20,000,000,000 AMD.
•    Weighted average yield to maturity: 7.6097%, annual coupon yield: 8.60%.

2. ISIN AMGN60294276, maturity period of 5 years

•    Volume of the government bond buyback auction: 5,000,000,000 AMD.
•    Weighted average yield to maturity: 6.9777%, annual coupon yield: 9.4%.

3. ISIN AMGN36294277, maturity period of 3 years
•    Volume of the government bond buyback auction: 3,334,000,000 AMD.
•    Weighted average yield to maturity: 6.8583%, annual coupon yield: 8.4%.

Government bonds are available both on the Armenia Stock Exchange trading platform and online via gp.minfin.am.

Details of the auctions can be found here. ]]> Tue, 10 Feb 2026 18:02:00 +0400