Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17Unibank Receives B++ Sustainability Alignment Rating from Agents for Impact GmbH Ucom Supported Yerevan Conservation Symposium 2026 as Strategic PartnerIDBank to Showcase Environmental and Innovative Initiatives at COP17New AI-Powered Wildlife Monitoring Camera Installed in Paruyr Sevak with the Support of Ucom35 Years of Trust: IDBank Celebrates with Its CustomersBusiness and mining leader Mark Cutifani to deliver keynote speech at the 3rd Mining Armenia Forum“From Classroom to Orbit”: With Ucom’s Support, “Space 1.0” Is Being Introduced in 15 Schools Across ArmeniaAfeyan Initiatives for Armenia Awards Grant to the Armenia Education Initiative to Expand the Teach For Armenia’s Seroond School Turnaround Program Ucom to Participate in COP17 Together with FPWC, Showcasing Their Environmental Partnership“The Golden Hour”: IDBank explains how to respond effectively to a scam attackNelli Kocharyan Presents Converse Bank’s Vision for Development of International Relations at the BACEE Conference BACEE International Conference Kicks Off with Converse Bank as Lead Sponsor Unibank has issued perpetual bonds with an annual coupon yield of 13.2% Ucom Measures the Environmental Impact of Its OperationsUnibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6% Ucom Becomes an Official Partner of the Armenia-UK Business Forum 2026Ucom Sales and Service Center at 20/52 Erebuni Reopens After Renovation Unibank Joins the Armenian Solar Energy AssociationThe Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of Yerevan
All Timeline »

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

The listing ceremony was held on September 8.

Grant Akopian, Chief Executive Officer and Chairman of the Management Board of Converse Bank; Remon Zakaria, Head of the EBRD Resident Office in Armenia; and Hayk Yeganyan, Chief Executive Officer of AMX, attended the listing ceremony.

Grant Akopian, Chief Executive Officer and Chairman of the Management Board of Converse Bank, noted:

“The listing of EBRD’s AMD-denominated bonds on AMX is an important development for Armenia’s capital market. The issuance of such an instrument by a leading international financial institution and its availability in the domestic market contribute to deepening the financial market, expanding the range of local currency financing instruments and creating new opportunities for investors. Converse Bank attaches great importance to its participation in such initiatives and will continue to support the development of Armenia’s financial ecosystem.”

Remon Zakaria, Head of the EBRD Resident Office in Armenia, said:

“The successful issuance and listing of the EBRD’s AMD-denominated bonds demonstrates our continued confidence in Armenia’s financial market infrastructure and economic prospects. Developing local currency capital markets is a key priority for the EBRD, as it helps channel savings into productive investment, broadens funding options for businesses and strengthens economic resilience. We are grateful to Converse Bank and AMX for their partnership in bringing this transaction to the market and look forward to continuing our joint efforts to deepen Armenia’s capital markets.”

Hayk Yeganyan, CEO of AMX, noted:

“We are pleased to welcome EBRD’s local currency bonds to AMX. EBRD has been a long-standing partner in the development of Armenia’s local currency capital market for many years, and this new issuance demonstrates the continued confidence in Armenia’s market infrastructure and the development potential of Armenia’s local currency bond market.

We see this listing as another important step toward building a deeper, more diversified and internationally connected capital market in Armenia.”

EBRD’s AMD-denominated bonds were placed through an auction on the Securities Placement Platform of AMX. Converse Bank acted as the underwriter, arranging the bond issuance and the guaranteed placement of the bonds.

The total nominal amount of the issuance was AMD 5 billion. The bonds have a floating coupon rate, a maturity of 36 months, and semi-annual coupon payments.
For further information:

  • +374 10 511 211
  • am

Converse Bank is supervised by the Central Bank of the Republic of Armenia.