Anelik Bank completely places registered coupon bonds amounting to USD 5 mln
The source says that the nominal value of the Bank's bonds is USD 100, annual yield - 6.5%, and maturity - 2 years. The interest will be paid once every six months.
"Acquisition of the bonds provided our customers with an opportunity to make alternative investments, which ensure 6.5% annual regular income at the same time. Given the successful outcome of the placement, we intend to keep issuing bonds in the future," says Nerses Karamanukyan, Chairman of the Board of Anelik Bank.
Earlier in December 2016, Vartan Dilanyan, the new Chairman of the Council of Anelik Bank, said that the Bank's ambitious strategic development plan envisages introduction of new banking products and advanced IT solutions, making customer service as convenient as possible and offering them a wide range of competitive services.
To recall, in early November 2016 Anelik Bank CJSC announced a successful completion of additional closed issue of 405,511 shares and increased its authorized capital by AMD 21.8 billion to AMD 39 billion from AMD 17.2 billion as of 1 October. As a result, the Bank's total capital increased to 36.7 bln drams (from previous 14.9 bln drams as of October 1), which exceeds the requirement (AMD 30 bln) that came into effect in Jan 2017. These shares were purchased by FISTOCO LTD (Cyprus), whose stake in the Bank's capital made up 59.68%, with the stake of the previous sole shareholder - Lebanese Bank CreditBank S.A.L -decreasing from 100% to 40.32%. Tarek J. Khalefe (CreditBank S.A.L) and Vartan Dilanyan (FISTOCO LTD) are indirect majority shareholders. The shareholders brought together a new Council of the Bank comprising experienced and senior market professionals. Vartan Dilanyan (Managing Director of "Accenture" Ltd) became the Chairman of the Council. The Board of the Bank underwent no changes and it is headed by Nerses Karamanukyan.