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WARSAW STOCK EXCHANGE ATTAINABLE FOR ARMENIAN COMPANIES: ARARATBANK CEO
ARKA
July 6, 2009
YEREVAN, July 6. /ARKA/. The Warsaw Stock Exchange is attainable for
Armenian companies in terms of legislation, said Araratbank's CEO
Ashot Osipyan.
According to the banker, companies and enterprises occasionally need
for financial resources they traditionally attract from banks.
"We offer an alternative solution, urging companies to attract
investments with the help of stock exchange instruments, particularly
shares and bonds. We propose our colleagues and partners making
operations via the Warsaw Stock Exchange," Osipyan said, adding the
president of the stock exchange was invited to Armenia to discuss
the specifics of the leading stock exchange in the Central Europe.
"The Warsaw Stock Exchange may offer ample opportunities to Armenian
companies, with Armenian market players and banks being in line with
its criteria," Osipyan added.
In his turn, President of the Warsaw Stock Exchange Ludwik Sobolevski
stressed the importance of Western markets, pointing out ties with
Estonia, Hungary, the Czech Republic, France, the UK and USA.
"If we can attract an Armenian resident company, it will be equally
beneficial both for the stock exchange and its investors," he added.
Touching upon the opportunities of the Warsaw Stock Exchange,
Sobolevski cited 400 listed companies. With no limitations in bond
issues and attraction of forei gn-currency investments, the stock
exchange makes no particular capital requirements, he said, adding
the stock exchange is diversified enough and does not demand any bond
issue prospects.
Established in 1991, the Warsaw Stock Exchange posted 94 IPO
transitions worth $2.502mln last year.
ARKA
July 6, 2009
YEREVAN, July 6. /ARKA/. The Warsaw Stock Exchange is attainable for
Armenian companies in terms of legislation, said Araratbank's CEO
Ashot Osipyan.
According to the banker, companies and enterprises occasionally need
for financial resources they traditionally attract from banks.
"We offer an alternative solution, urging companies to attract
investments with the help of stock exchange instruments, particularly
shares and bonds. We propose our colleagues and partners making
operations via the Warsaw Stock Exchange," Osipyan said, adding the
president of the stock exchange was invited to Armenia to discuss
the specifics of the leading stock exchange in the Central Europe.
"The Warsaw Stock Exchange may offer ample opportunities to Armenian
companies, with Armenian market players and banks being in line with
its criteria," Osipyan added.
In his turn, President of the Warsaw Stock Exchange Ludwik Sobolevski
stressed the importance of Western markets, pointing out ties with
Estonia, Hungary, the Czech Republic, France, the UK and USA.
"If we can attract an Armenian resident company, it will be equally
beneficial both for the stock exchange and its investors," he added.
Touching upon the opportunities of the Warsaw Stock Exchange,
Sobolevski cited 400 listed companies. With no limitations in bond
issues and attraction of forei gn-currency investments, the stock
exchange makes no particular capital requirements, he said, adding
the stock exchange is diversified enough and does not demand any bond
issue prospects.
Established in 1991, the Warsaw Stock Exchange posted 94 IPO
transitions worth $2.502mln last year.