Anelik Bank places all its registered coupon bonds

11.01.2017 15:09
Anelik Bank places all its registered coupon bonds

YEREVAN, January 11. /ARKA/. Anelik Bank has placed all its registered coupon bonds issued for the first time, the press office of the bank reported on Wednesday.

“The acquisition of the bonds allows our clients to carry out an alternative investment, which also ensures a stable yield of 6.5% to them,” Nerses Karamanukyan, chairman of Anelik Bank’s board is quoted in the press release. “Taking into account this successful placement, we intend to issue bonds also in the future.”

In December 2016, Anelik Bank issued 24-month registered coupon dollar bonds totaling $5 million with a 6.5% annual yield.

Interests on the bonds will be paid once in every six months.

Anelik Bank CJSC was established on July 9, 1990 and registered on October 1, 1991.

In July 2009, Credit Bank S.A.L., one of Lebanon’s largest banks, bought 51% of Anelik Bank’s shares and became its general shareholder. In 2012, the share of CreditBank S.A.L. in Anelik Bank grew to 89.95%, and in 2013, it became the sole shareholder.

Now the bank has two shareholders - FISTOCO LTD – 59.7% and "CreditBank S.A.L." – 40.3%..-0---


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