Announcement

Collapse
No announcement yet.

No Sense In Implementing New Financial Tools In Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • No Sense In Implementing New Financial Tools In Armenia

    NO SENSE IN IMPLEMENTING NEW FINANCIAL TOOLS IN ARMENIA

    /PanARMENIAN.Net/
    23.11.2009 14:42 GMT+04:00

    /PanARMENIAN.Net/ There's no sense in implementing new financial
    tools in Armenia, according to Aram Kayfajyan, Director General of
    Armenbrok Investment Brokerage and Consulting Company

    "The republic doesn't need such complicated instruments as hedging or
    futures at this point of time," Mr. Kayfajyan told a PanARMENIAN.Net
    reporter. "The work with stocks and bonds, as more available financial
    instruments, should be intensified."

    He also informed that no new emission is planned on Armenia's equity
    market till the yearend.

    Armenbrok OJSC is Armenia based leading investment brokerage and
    consulting company, providing its customers with full range of
    financial and investment services in the Armenian financial market.

    Since its establishment in 1995, Armenbrok has put its best efforts
    to open as many doors as possible to individual and institutional
    investors and companies so that it would be in their best interest
    to invest in securities of reputable Armenian companies. In the
    securities brokerage in Armenia, Armenbrok has reached one of the
    leading positions, providing its customers opportunities to invest
    in liquid Armenian stocks.
Working...
X