YEREVAN, June 15. /ARKA/. Araratbank will not pay dividends to shareholders for 2017. This decision was unanimously adopted at the annual meeting of shareholders today. The last time the bank paid dividends to shareholders was in 2013.

Araratbank board chairman Ashot Osipyan said the net profit of the bank in 2017 in the amount of 2.004 billion drams (an increase of 84.1% compared to 2016) will be channeled into replenishment of capital.
He said the bank is introducing the" Basel-3 "standard, which means that it needs additional capital to ensure new safety cushions and growth.

He noted also that the past year was quite productive and successful for the bank, which acquired the Armenian Development Bank and began introduction of investment and digital banking.

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Araratbank not to pay dividends for 2017

Tags: Araratbank, dividends, shareholders

Read more

To commemorate the centenary of the first Republic of Armenia and heroic May battles, UNIBANK organized an event on May 29, 2018 for its shareholders

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Unibank presents souvenirs to all its shareholders on the centenary of the First Republic of Armenia

Tags: Armenia, First Republic, shareholders, souvenirs, Unibank

Read more

Unibank reported Thursday about its first payment of interim dividends to shareholders in stocks

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Unibank to pay interim dividends to shareholders

Tags: Armenia, interim dividends, shareholders, Unibank

Read more

The board of Unibank OJSC decided on December 9 to pay interim dividends for a period between January and September 2016 as registered ordinary shares – 420 shares for 4,348 bought shares. This is equal to 13% annual yield for shareholders

Categories: News | Comments Off on Unibank to pay interim dividends to its shareholders

Tags: Armenia, shareholders, Unibank

Read more

Artsakhbank’s shareholders will gather on December 17 for an extraordinary session to discuss the final structure of the bank’s capital

Categories: Banks @en, General news, News, News of the hour | Comments Off on Artsakhbank’s shareholders to gather on December 17 for extraordinary session

Tags: Armenia, Artsakhbank, extraordinary session, shareholders

Read more

Unibank’s general annual meeting of shareholders scheduled for June 1, will sum up the Bank’s performance in 2015 and outline further development prospects, the Yerevan-based bank said today in a press release

Categories: Banks @en, General news, News, News of the hour | Comments Off on Unibank convenes on June 1 for shareholders general meeting

Tags: Armenia, meeting, shareholders, Unibank

Read more

Unibank has created a special website at www.corp.unibank.am, designed specifically for its shareholders and investors

Categories: Banks @en, General news, News, News of the hour | Comments Off on Unibank launches special website created for shareholders and investors

Tags: investors, shareholders, Unibank, Website

Read more

Araratbank will pay no dividends for 2014 to shareholders

Categories: Banks @en, General news, News, News of the hour | Comments Off on Araratbank to pay no dividends for 2014 to shareholders

Tags: Araratbank, dividends, payment, shareholders

Read more