Friday, June 17 2011 17:29

ARARATBANK makes specific steps to implement IPO


ArmInfo. ARARATBANK discusses possibility of issuing shares and implementing IPO, representative of the bank, David Harutyunyan, told journalists today.

He also added that the bank has been holding preliminary marketing. The leadership of the bank met representatives of the Estonian Stock Exchange. He assured that in case of implementation of IPO, the bank will place shares through NASDAQ OMX floors. He also said that other organizations will also become active at the Armenian market of the corporative shares. He also added that over the last 2-3 years profitability of shares demonstrated permanent growth and has already reached its top. He thinks their gradual decrease will be noticed in the near future.
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20.12.2024
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