Tuesday, March 31 2020 14:15
Alexandr Avanesov

Banks and insurance companies will receive the r to conduct general  meetings of shareholders remotely

Banks and insurance companies will receive the r to conduct general  meetings of shareholders remotely

ArmInfo. Banks and insurance companies will receive the right to conduct general meetings of shareholders remotely. The National Assembly of the Republic of  Armenia, at its meeting on March 31 in the second and final reading,  amended the laws "On Joint Stock Companies", "On Banks and Banking  Activities", "On Insurance and Insurance Activities".

According to Deputy Minister of Economy of the Republic of Armenia  Avag Avanesyan, the package provides for the establishment of the  possibility for holding general meetings of shareholders remotely. In  the near future, the minister stressed, meetings of shareholders  should be held, and there is a need to protect people from possible  risks. Current legislation does not allow meetings to be held  remotely. As amended, shareholders will receive the right to  participate and vote at meetings through postal, telephone,  electronic communications, as well as by sending telegrams. This  provision will be valid until November 1 of this year, since the  charters of JSCs, banks and insurance companies do not allow holding  meetings remotely.

To amend the charters, and then hold meetings in the current  conditions, the government considered it a risky occupation. For this  reason, these entities will be able to hold meetings without taking  into account the requirements of the charters.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000