  NASDAQ OMX Armenia to prepare issuers for pension funds infusion December 16, 2011 - 14:09 AMT PanARMENIAN.Net - NASDAQ OMX Armenia stock exchange holds talks with potential issuers to prepare them for pension funds infusion due to the introduction and use of appropriate tools, exchange CEO Konstantin Saroyan said. Mr. Saroyan noted that no private stock exchange is presently registered in Armenia, whereas several companies already develop projects studying the Armenian market. “2012 envisages preparing base for their operation,” he said, stressing the plan to attract leading international operators with years of experience in pension funds management. According to Mr. Saroyan, rather strict legislation is operating in the country stipulating high demands for pension funds management. “The problem is availability of investment tools, with only state bonds currently operating. We are cooperating with companies to provide an alternative to these securities,” Mr. Saroyan said.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news About 32,000 rally in Yerevan to deman Pashinyan’s resignation  About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan.Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty.Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |
