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Armeconombank provides one other placement of shares. 454,546 extraordinary shares have been issued at a nominal worth of AMD 2,080 every (market worth: AMD 4,400); the entire quantity of the securities on the nominal worth quantities to AMD 945,455,680 (market worth: AMD 2,000,002,400).
The Financial institution’s dividend coverage goals to satisfy the shareholders’s must the utmost extent and safe environment friendly growth which is able to once more help the pursuits of the shareholders. Over the previous 20 years, the Financial institution has paid dividends to its shareholders 18 occasions.
Furthermore, turning into a shareholder lets everybody not solely earn annual dividends, but additionally take part within the Financial institution’s administration by voting and so turning into concerned within the implementation of quite a few initiatives.
The belief in Armeconombank is mirrored within the profitable placements of shares achieved within the earlier years, which has lengthy turn out to be a practice, and within the rising variety of shareholders, at present about 6,300.
The shares could be obtained on the Financial institution’s 54 branches working in Yerevan and provinces.
The meant interval of public providing: 22/07/2023, 09:00 to 31/10/2023, 16.00.
The Emission Prospectus registered with the Central Financial institution of Armenia on 07 June 2023 is revealed in “Prospectus” sub-section of the “House owners” part on the Financial institution’s web site (https://www.aeb.am/uploads/azdagir_bajnetoms.pdf) and is out there at Armeconombank Head Workplace situated at 23/1 Amiryan St. in Yerevan.
* As with all monetary instrument, the acquisition of shares implies sure dangers resulting from attainable adjustments of their steadiness sheet (market) worth. This threat is minimized as a result of environment friendly threat administration methods applied by the Financial institution.
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