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Pan-Armenian Bank Becomes Participant Of Armenia's Stock Exchange

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  • Pan-Armenian Bank Becomes Participant Of Armenia's Stock Exchange

    PAN-ARMENIAN BANK BECOMES PARTICIPANT OF ARMENIA'S STOCK EXCHANGE

    news.am
    February 15, 2012 | 17:00

    YEREVAN. - On Wednesday the Pan-Armenian Bank Company was registered
    as participant of NASDAQ OMX Armenia stock exchange, the latter's
    Marketing and Communication Department informed Armenian News-NEWS.am.

    The Pan-Armenian Bank was granted the PNARB commercial code.

    The Bank is also permitted to take part in the trading conducted in
    the credit resource market.

    To note, the Pan-Armenian Bank officially opened in September 2011. It
    is founded as an open stock company, and its objective is to collect
    long-term financing from international finance organizations and other
    private sources directed toward development, to provide long-term
    development financing to competitive production enterprises registered
    and operating in Armenia.

    To date, a total of thirty-two companies are NASDAQ OMX Armenia
    members and market participants.




    From: A. Papazian
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