Friday, December 18 2015 18:34

USD Denominated Bonds by ARARATBANK Listed on NASDAQ OMX Armenia

ArmInfo. Starting from December 18, 2015, nominal coupon bonds issued by "ARARTBANK" OJSC will be listed and included in Bbond list of NASDAQ OMX Armenia, according to NASDAQ press-realise. 

The 10th issue of the Company's corporate bonds comprises 80,000 coupon bonds with nominal value of USD 25, coupon rate of 7.0% and maturity period of 24 months. The bonds (ISIN - AMARBKB2AER8) will be traded under ARBKB2A ticker symbol and will be allowed to manual and REPO trading as well. 

To note, the 10th issue of bonds is the fifth monetary issue and the regular emission of USD bonds. The placement of the first issue of ARARATBANK undocumentary coupon corporate bonds worth 250 mln AMD with quarterly coupon payment, annual yield of 8%, circulation period of 1 year, took place on 3 May 2007. The bonds of the first issue were redeemed on 12 May 2008. Throughout the whole period of circulation of the first- issue bonds at NASDAQ OMX Armenia, transactions amounted to 450 mln AMD (94 transactions).  The placement of the second issue of ARARATBANK undocumentary corporate bonds worth 400 mln AMD, with annual yield of 9% and circulation period of 1,5 years, took place from 9 till 24 June 2008. The placement of the third issue was worth 250 mln USD with 10% annual yield and 1.5 years of maturity. The bank carried out the forth issue in July 2011. The amount totaled 250 mln with 12% yield.  In 2012 ARARATBANK was the pathbreaking one to issue currency bonds.  This was the fifth issue with the amount of 1 mln USD and 9% yield.  The sixth issue took place in 2013, the currency bonds totaled 1 mln USD with 8.5% yield and 3 years of maturity. The seventh issue took place in 2013 and comprised AMD bonds with the amount of 400 mln AMD, 13% yield and 3 years of maturity. The eighth issue was 1 mln USD-worth, with 8% yield and 4 years of maturity. The 9th issue was 2 mln USD worth, with 3 years of maturity and 7.25% yield. Currently Araratbank's USD bonds of 5th, 6th and 8th issue and AMD bonds of 7th issue are listed on stock market.

ARARATBANK is also the winner in "Best Exchange Member" nomination of NASDAQ OMX Armenia "Best Member Awards" 2014, for the 4th year in a row.

According to the Financial Rating of Armenian Banks prepared by ArmInfo News Agency as of October 1, 2015 ARARATBANK's assets amounted to 125.8 bln AMD with 11.3% yoy growth. The share of investments in securities totaled more than 11.4bln AMD or 9%.  The liabilities made up 103.4 bln AMD with 13.6% yoy growth, the total capital - with 1.7% growth to 22.3bln AMD. The net profit of the bank totaled 888.3 mln AMD with 57.6% yoy fall in 9 months of 2015. The bank was in TOP-10 for the 9 months of 2015 with ROA and ROE-0.9% and 5.6% respectively.

European Bank for Reconstruction and Development holds 25%+1 of the bank's shares, 64.24% of the shares belong to Flash petrol trader, and less than 10% to RURAL IMPULSE FUND II. 

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