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Armeconombank Plans To Issue First-Ever Mortgage or Corporate Bonds

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  • Armeconombank Plans To Issue First-Ever Mortgage or Corporate Bonds

    ARMECONOMBANK PLANS TO ISSUE FIRST-EVER MORTGAGE OR CORPORATE BONDS IN ARMENIA

    YEREVAN, JUNE 4, NOYAN TAPAN. Executive Director of Armeconombank Ashot
    Osipian stated at the June 3 press conference the bank plans to issue
    mortgage or corporate bonds for the first time in Armenia. Acording
    to him, the bank is now conducting negotiations with a number of
    investment companies, and the final terms of the bonds issue will be
    specified by the autumn. The maturity of the bonds is expected to be
    2 years.

    From: Emil Lazarian | Ararat NewsPress
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