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 »
Society

Largest Corporate Bond Program at the Securities Market of Armenia Completed Successfully

The debut bond issues of Zangezur Copper Molybdenum Combine CJSC (ZCMC), the largest mining company in Armenia, for the total amount of USD 50 million and AMD 2.5 billion have been fully redeemed on September 30, 2022, marking successful completion of the largest corporate bond transaction ever executed in Armenia. Ameriabank acted as the underwriter and market-maker of ZCMC’s bonds, thus once again putting into action its policy of supporting the economy of RA and the securities market, in particular. 

“The ZCMC’s bond program was an unprecedented initiative for the capital market of Armenia in terms of the offering size and investor participation. This transaction has proved that our bond market is capable of meeting the funding needs of Armenian companies, which is also proved by historical corporate bond placements arranged in Armenia by Ameriabank. We are confident that ZCMC’s successful bond program will become a benchmark for local companies in terms of raising funds from alternative finance sources”, - stated Gagik Sahakyan, Corporate and Investment Banking Director of Ameriabank.  

3 years ago Ameriabank arranged ZCMC’s bond placement via public offering. The volume of the transaction was nearly five times the volume of the largest corporate bonds previously placed at the securities market of Armenia. The offering saw strong demand from both local and international investors. The investor book was anchored by prestigious international institutions such as the European Bank for Reconstruction and Development, the Black Sea Trade and Development Bank, the Eurasian Development Bank..

Interest from the local market was not limited to institutional investors (fund managers, banks), many individuals got the opportunity to invest their savings in high-yield financial instrument.

After primary placement, ZCMC’s bonds were listed and admitted to trading at Armenia Securities Exchange (AMX), where Ameriabank became the market-maker for the bonds, thus ensuring liquidity at the secondary market.

About Ameriabank 

Ameriabank is the largest financial institution and a major contributor to the Armenian economy, with assets exceeding AMD 1 trillion. Being a dynamically developing universal bank, Ameriabank provides a large package of innovative banking services through its omni-channel distribution platform and with clear focus on digital products.

The Bank has adopted a customer-focused approach to ensure service quality and modern banking experience in an evolving digital environment.

Ameriabank is committed to doing business responsibly and advancing Armenia’s transition towards a sustainable future.