Nominal coupon bonds issued by Anelik Bank listed on NASDAQ OMX Armenia
ArmInfo.Starting from January 20, 2017, nominal coupon bonds issued by "ANELIK BANK" CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the press service of NASDAQ OMX Armenia informs.
Listed securities comprise 50,000 coupon bonds with nominal value of
USD 100, coupon rate of 6.5% and maturity period of 2 years. The
bonds (ISIN - AMANLBB21ER4) will be traded under ANLBB1 ticker symbol
and will be allowed to manual and REPO trading as well.
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
Russia) became the Chairman of the Council. The Board of the Bank
underwent no changes and it is headed by Nerses Karamanukyan.
According to the data of Express Ranking of Armenian Banks prepared
by ArmInfo Anelik Bank has significantly increased loan portfolio in
2016 (3.6-fold), investments in state securities (4.6- fold), placed
inter-bank deposits/loans (14-fold), disposable funds (2.1-fold.),
liabilities against clients (3.2-fold), loans attracted from
international structures (3.3-fold). As a result the bank's assets
have grown in the reported period by 3.1-fold, amid 3.3-fold growth
of obligations and 2.5- fold growth of total capital. Due to this
Anelik Bank managed to increase net profit 6-fold in 2016-to 1.2 bln
drams (the exchange rate of AMD/USD totaled 483.94 AMD/$1 on December
31, 2016).