Cbonds: Ameriabank leads Armenian market in terms of bond issues

PanARMENIAN.Net - Financial news agency Cbonds has published the list of issues and public placements conducted in local bond markets of South Caucasus countries in 2016.

Ameriabank is thus leading the Armenian banks, having placed three issues of bonds with a total sum of $22 million (7.12% market share in the South Caucasus).

Moreover, not the dimensional, but the quantitative component of the ranking is the most important aspect, according to which the number of bond issues and public placements outperformed the corresponding indicators registered by the neighboring countries in 2016. The latter, in turn, reflects the healthy competitiveness, development and non-polarized nature of Armenia’s bond market.

Cbonds is a financial news agency and data vendor operating in Russia, Ukraine and Kazakhstan. Its main business lines include developing and maintenance of financial information websites (cbonds.info, investfunds.ru, preqveca.ru); holding financial conferences, round tables and shows; and publishing activity (Cbonds Review magazine and annual handbooks).

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions in Armenia. The first investment bank in Armenia, Ameriabank has been providing a large package of innovative banking services since 2007. Now Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. It is also the largest taxpayer among Armenian banks. Ameriabank is the first bank in Armenia that has exceeded the threshold USD 1 billion in assets since the formation of modern banking system of independent Armenia in 1992.