ArmInfo.AMIO Bank has launched an initial public offering of registered, non-convertible, coupon-bearing AMD bonds totaling 3 billion drams. The bank announced that the placement is scheduled to be completed on August 31, after which they will be listed on the Armenian Stock Exchange.
This tranche includes 30,000 bonds, each with a par value of 100,000 drams. The coupon yield is set at 9.75%. Coupon payments are quarterly. The maturity of these bonds is 24 months (2 years).
The announcement noted that these bonds can also be purchased through the AMIO Mobile banking app, which allows investors to track their investments and review the terms of this issue in detail. The app can be downloaded at this link: https://bit.ly/m/amiobank.
The announcement also noted that, in accordance with current tax legislation, the bonds' coupon income is exempt from income tax until December 31, 2027. The bonds are a reliable financial instrument, guaranteed by the Deposit Guarantee Fund, similar to bank deposits.
According to the Financial Rating of Armenian Banks as of March 31, 2026, prepared by ArmInfo Investment Company, AMIO Bank ranks 6th in terms of funds raised from corporate bond placements, at over 39.4 billion drams ($104.5 million). This figure increased by 48.3% year-on-year and nearly sixfold over the two-year period. AMIO Bank ranks among the top 5 banks in terms of key balance sheet indicators: assets (4th position), total liabilities (5th), total capital (3rd), authorized capital (1st), loan portfolio (4th position) (both corporate and retail), investments in securities (3rd), term deposits (3rd), and funds raised from banks and other financial institutions through international programs (4th position). The bank increased its net profit year-on-year almost sevenfold to 4.8 billion drams ($12.8 million), placing it near the top five.
