ArmInfo. The third USD issue of the nominal coupon bonds of Ameriabank (ISIN - AMAMRBB24ER7) on April 20 this year, passed listing on the NASDAQ OMX Armenia stock exchange. The bonds of this issue, like the previous USD and AMD bonds, are included in the main exchange list (Abond). In total, Ameriabank carried out four bond issues - 3 USD bonds (2 in the amount of $ 15 million with coupon yield of 6.75% and 5.6%, 1 - $ 5 million at a yield of 5.75%) and 1 AMD in volume 1 billion AMD on coupon yield of 10.75%.

ArmInfo.

ArmInfo. The number of participants of annual program "Month of my Finances", established by the initiative of Central Bank of Armenia, has increased from 5 to 7 thousand. On April 19, answering to ArmInfo question, the Head of the Centre for Consumer Rights Protection and Financial Accuracy of CB of Armenia Armenuhi Mkrtchyan during a press conference.

ArmInfo. Within the partnership with National Mortgage Company, Converse  Bank launched the 4th stage of KfW funded mortgage project on effective housing construction support in Armenia. According to the information shared with  ArmInfo by the press office of the Bank, within the fourth stage of the project two aspects will be launched: Energy Efficient Mortgage Loans and Regional Mortgage  Loans. At that, the second dimension does not comprise any compulsory requirements of energy efficiency securing.

ArmInfo. On March 15, the primary bonds placement of registered non-documentary coupons of Anelik Bank amounting 1 billion AMD launch. As the Anelik Bank press service told ArmInfo, it is the number 3 issuance, the completion of primary replacement of which is scheduled on April 28.  The given issuance includes 20000 registered non-documentary coupon bonds, with the 50thsd AMD cost, with annual yield is 12,25% and with 2 years circulation period.

ArmInfo. Anelik Bank releases    second USD based  registered bonds emission  at the total volume  of  USD 5 mln, with annual indemnity of 6,5% and  2 year  turnover term.   According to the information shared with ArmInfo at the press office  of the Bank, the nominal cost is stated at  USD 100, and the interest  disbursement is  set as once in a semester. Bonds could be purchased  both by legal entities and private persons at 14 branch offices of  Anelik Bank in Yerevan and Regions. 

ArmInfo.

ArmInfo. On March 1, the  National Assembly of Armenia adopted the draft amendments to the Law  "On Compulsory Funded Pension" in the second and final reading.  

ArmInfo. The compulsory  component of the funded pension system will come into effect on 1  July 2018 for all Armenian citizens born after 1 Jan 1974, Deputy  Chairman of the Central Bank of Armenia Nerses Yeritsyan said in the  Parliament, when presenting the amendments to the Law "On compulsory  funded pension system" in the second reading.   

ArmInfo. The Cumulative  Pension System (CPS) participants may regularly receive information  on their pension account funds in Internet by www.epension.am,  account operators and ATMs

ArmInfo. Armbusinessbank's registered coupon bonds of the second issue in the amount of 100mln AMD, admitted to trading on the free market (Cbond) NasdaqOMX Armenia Exchange on February 17. As the NasdaqOMX Armenia's press service told ArmInfo, these bonds is also admitted to the conclusion of targeted sales and repo transactions from the date of listing.  They will be listed under the ticker code ARBBB2.

ArmInfo. Starting from  February 10, 2017 nominal coupon bonds issued by "ARMBUSINESSBANK"  CJSC will be listed on NASDAQ OMX Armenia and included in the bonds'  secondary Bbond list.

ArmInfo. Starting from February 08, 2017 nominal coupon bonds issued by "Ameriabank" CJSC will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list, the press office of NASDAQ OMX Armenia told ArmInfo.

ArmInfo. ArmInfo. The preliminary results of 2016 fixed on the banks’ balance sheets inspire hope for recovery of the general economic situation in the country in 2017. In an interview with NEWS.am, AmRating head, ArmInfo News Agency director general Emmanuil Mkrtchyan says that the data on the banking system of the country have proved to be beyond expectations and demonstrate gradual expansion of lending that contributes to growth of economic activity.      

ArmInfo. On Feb 7, the National Assembly of Armenia completed the discussions on the draft amendments to the Law "On Compulsory Funded Pension" in the first reading. The voting on the draft law will be held on Feb 8. 

ArmInfo. In 2016, the  banking system of Armenia paid 34.4 bln AMD in taxes, 16.9% less than  in 2015. Over 88% or 30.1 bln AMD of this amount was paid in direct  taxes (including profit tax and income tax), with a 19.1% decline  versus 2015. According to the State Revenue Committee of Armenia, 12  out of the functioning 17 banks (versus 13 in 2015) were among the  top 100 taxpayers of Armenia in 2016. The top banks among the  taxpayers were Ameriabank, VTB Bank (Armenia), ACBA-Credit Agricole  Bank, Ardshinbank and INECOBANK, which paid 16.7 bln AMD in taxes  (down 22.3% versus 2015), including 15.1 bln AMD in direct taxes  (down 22.2% versus 2015).

ArmInfo. The German KfW Bank has provided Armenia with a EUR 20 mln loan (in AMD equivalent) or implementation of the fourth stage of the mortgage lending program, CEO of National Mortgage Company UCO Hayk Voskanyan and KfW representative Judith Boehnke said at a press conference on February 1.  

ArmInfo. Armbusinessbank is in top 3 by amount of assets -404.4 bln drams or $835.7 mln with 31.3% growth in 2016. According to the data of Express Ranking of Armenian Banks prepared by ArmInfo based on published financial reports of the bank Armbusinessbank ensured such growth of assets in 2016 mainly due to disposable funds (almost 2-fold growth) and investments in state securities (54.5% growth), at the background of which growth of loan portfolio was relatively moderate-29.5%.

ArmInfo. ARARATBANK has replenished total capital by 8.5 bln drams due to issue of stocks. As a result the authorized capital of the bank has increased to 16.8 bln drams and total capital almost to 33 bln drams.

ArmInfo. Within mandatory accumulative pension system the number of participants of the two pension funds-C-QUADRAT Ampega Asset Management Armenia and Amundi-ACBA- Asset-Management has reached 155 thousand people by November 1, 2016. 65 thousand of them are representatives of state sector and remaining 90 thousand of private sector. The press-service of the Armenia's Central Bank has told ArmInfo that from the moment of creation of these two funds (November 2013) their yield has reached 25.9% (the cost of one common share has grew from 1000 to 1259 drams). For the 10 months of 2016 yield of the pension funds totaled annual average 14.4%.