Monday, March 13 2017 17:35

ArmInfo. On March 15, the primary bonds placement of registered non-documentary coupons of Anelik Bank amounting 1 billion AMD launch. As the Anelik Bank press  service told ArmInfo, it is the number 3 issuance, the completion of  primary replacement of which is scheduled on April 28.  The given  issuance includes 20000 registered non-documentary coupon bonds, with  the 50thsd AMD cost, with annual yield is 12,25% and with 2 years  circulation period. 

"The bonds can be bought in the Head office of Anelik Bank or in any  of 13 branches. The bond clients- holders may use a number of  advantages: AMD loan limit amounting 50% from the bough bonds, Co-  branding Hotel Express-Anelik card gift, Priority pass services in  700 airports of the world, VIP-lounge services and medical insurance  depending on the volume of the bonds bought. The minimum package of  bonds, which can be bought by primary replacement, is set on 500thsd  AMD. After the primary replacement, the bonds will be listed in the  NasdaqOMX Armenia Stock exchange", stated the Advisor to the Chairman  of the Board of Anelik Bank Karen Nalbandyan. So far, one issue of  the Anelik-Dollar coupon bonds is quoted on the NasdaqOMX Armenia  exchange amounting $ 5 million USD bond. Anelik Bank issued these  bonds for the first time in its history in December 2016. Their  annual yield is 6.5%, the circulation period is 2 years. The first  issue passed listing on the exchange on January 20, 2017 and is  listed in the main list of Abond. The second issue ($ 5 million,  annual yield - 6.5%, circulation period - 2 years) - dollar bonds of  Anelik Bank has not yet been listed on the stock exchange.

To note, in total, on March 13, 2017, NASDAQ OMX Armenia listed 25  corporate bond issues of 9 issuers, 16 of which were issued by 6  issuing banks, 14 of which are dollar issues: Araratbank - 6 issues  (5 - dollar), Ameriabank - 3 issues (2 - dollar), Armswissbank - 3  issues (all dollars), Armbusinessbank - 2 issues (1 - dollar), Anelik  Bank and Unibank - for the 1st issue - dollar. The second issue of  dollar bonds Anelik Bank has not yet passed listing on the stock  exchange. The main list of Abond includes 3 issues of Ameriabank and  one issue of Anelik Bank and Unibank, on the secondary list of Bbond  - 6 issues of Araratbank, 3 issues of Armswissbank and 1 issue of  Armbusinessbank, and on the free market of Cbond - 1 issue of  Armbusinessbank.

According to Central Bank data provided to ArmInfo by National  Statistical Service of Armenia, in the Stock exchange NasdaqOMX  Armenia the trend of transactions with corporate bonds slackened in  2016 in the downward by 19.3% from an upward 32% in 2015. With  corporate bonds on the exchange, transactions in 2016 totaling 11.482  billion AMD ($ 23.7 million) were made, compared with 14.231 billion  in 2015.  According to the Central Bank of Armenia, by February 2017  interest rates on AMD deposits fell to 8.96% from 13.35% in January  2016.

To note, Anelik Bank has been operating on the market since October  1996. After the additional share issue in November 2016, the  membership of the Bank's shareholders changed - the entry of the  Cypriot company FISTOCO LTD with a stake of 59.68% reduced the share  of the former shareholder represented by the Lebanese Bank CreditBank  S.A.L from 100% to 40.32%. Indirect majority shareholders are  physical persons: Tarek J. Khalefe (CreditBank S.A.L) and Vardan  Dilanyan (FISTOCO LTD).