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Demand for securities mild at Armenia’s capital market, but signs of growth still seen

14.10.2014 21:01

Demand for securities mild at Armenia’s capital market, but signs of growth still seen

YEREVAN, October 14. /ARKA/. Demand for securities is mild at Armenia’s capital market, but signs of growth are still seen, Edgar Petrosyan, head of Ameriabank’s division in charge of broker transactions, said in an exclusive interview with ARKA News Agency.

“Investors and ordinary people who have free money are always looking for more lucrative investment instruments not only for increasing their assets’ profitability, but also to diversify their investments,” he said.

Petrosyan said that despite this, demand for securities at Armenia’s market is mild, since the majority of the country’s population prefers to invest their money in traditional instruments – bank deposits, non-cash gold or immovable property.

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