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May the Holiday Warm Hearts: Idram and IDBank Support the Children of HeroesBeneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food InsecurityUcom’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 SchoolsBig Christmas Market with Idram, IDBank and idplusUcom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas MarketConverse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE BoardUcom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten Converse Bank has been included in the list of Confirming Banks of the EBRD TFP In 2024, Ucom Expands and Modernizes Fixed and Mobile Networks, Launches 5G in 8 More Cities, Covering a Total of 28 Cities. Acba bank to Allocate $50 Million for MSME Development Team Telecom Armenia Presents Sustainability-Linked Bonds to Prospective Investors at an Official EventConverse Bank and IFC join forces to support the growth of SMEs in Armenia4.479.792 AMD to Armenia Tree Project. the next beneficiary is Children of the regions NGO Ameriabank Presents EventHub.am: a Streamlined and User-Friendly Ticketing SolutionUcraft Introduces a New Solution for Businesses: The UC ERP Platform
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AraratBank underwrites FINCA UCO bonds

As from May 30, 2023, FINCA UCO CJSC intends to underwrite nominal coupon bonds in AMD (code: AMFNCAB2EER0) and USD (code: AMFNCAB2FER7). AraratBank will act as an underwriter and market maker.

The bank said that the bonds will be underwritten through an auction on Armenia Securities Exchange, starting from May 30 till June 2, from 11:00-13:30 daily.

The nominal value of an AMD-denominated bond is AMD 50,000, with a total volume of AMD 800,000,000 and a coupon yield of 13% per annum. The nominal value of a USD-denominated bond is USD 100, with a total volume of USD 2,000,000 and a coupon yield of 7.5%.

“The maturity period of both AMD- and USD-denominated bonds is 24 months. Once placed, the bonds will be listed on the Armenia Securities Exchange,” the bank said in a news release.

For more information, please call at 010 59 23 01, 010 59 23 23