Ameriabank predicts stirring up the bond market by late 2009

PanARMENIAN.Net - «Ameriabank» predicts intensifying bond market by the end of 2009, Tigran Jrbashyan, Director of Development of the Ameriabank told a news conference today. According to him, the bank prepares several new products that enable investors to make investment in the Armenian bonds market. "Today, foreign currency risk is hindering investments," he explained. According to Tigran Jrbashyan, this service will be demanded in the market.



In this context, the Mr.Jrbashyan added that by year-end the capital market will be activated. "The bank maintains some preparatory works, and by October-November we will be able to implement the issue of corporate bonds amounting to several billion AMD," he 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
---