Thursday, April 20 2017 12:23

ArmInfo. The third USD issue of the nominal coupon bonds of Ameriabank (ISIN - AMAMRBB24ER7) on April 20 this year, passed listing on the NASDAQ OMX Armenia stock exchange. The bonds of this issue, like the previous USD and AMD  bonds, are included in the main exchange list (Abond). In total,  Ameriabank carried out four bond issues - 3 USD bonds (2 in the  amount of $ 15 million with coupon yield of 6.75% and 5.6%, 1 - $ 5  million at a yield of 5.75%) and 1 AMD in volume 1 billion AMD on  coupon yield of 10.75%.

As the press service of the exchange told ArmInfo, the bonds of the  third USD issue of Ameriabank are admitted to conclusion of targeted  trading and repo deals. The bonds of this issue of Ameriabank will be  quoted under the AMRBB4 exchange code.

According to the source, within the third USD issue 150 000 coupon  bonds were issued, with a nominal value of $ 100, coupon yield of  5.6%, and a circulation period of 27 months.

Thus, four issues of Ameriabank bonds are already listed on the  NASDAQ OMX Armenia stock exchange:  3 USD (2 for $ 15 million, 1 $ 5  million) and 1 AMD (1 billion AMD), and all of them are listed on the  main exchange list (Abond). For USD bonds, coupon yield was set at  6.75%, 5.75% and 5.6% (first, third and fourth issues respectively),  and on AMD bonds - 10.75% (second issue).

In total, on April 20, 2017, NASDAQ OMX Armenia quotes 30 issues of  corporate bonds of 10 issuers, 17 of which were issued by 6 issuing  banks, 14 of which are USD issues: Araratbank - 6 issues (5 -  dollar), Ameriabank - 4 issues (3 - dollar), Armswissbank - 3 issues  (all dollars), Armbusinessbank - 2 issues (1 - dollar), Anelik Bank  and Unibank - 1st issue - USD.

To note, Ameriabank started issuing its own bonds at the end of March  2016, and the starting issue was USD. As of April 20, 2017, the bank  has already issued four bond issues, of which 3 are USD bonds. At the  same time, Ameriabank successfully placed debt securities worth $ 20  million in four Luxembourg investment funds through its investment  manager in the form of responsability Investments AG in June 2016,  having planned to direct the proceeds from the placement of these  securities to SME lending and financing of energy efficiency and  renewable energy projects Power engineering.

To recall, CJSC Ameriabank is a universal bank that provides  investment, corporate and retail banking services in the form of a  comprehensive package of banking solutions. The bank has been  operating in the Armenian market since October 31, 1996. The branch  network of Ameriabank includes 12 divisions, 8 of which are in  Yerevan and 4 in regions. In the equity capital of Ameriabank, with  the entry of the European Bank for Reconstruction and Development in  December 2015, the share participation has changed by January 1, 2017  as follows: Ameria Group CY Ltd. - 65.8%, EBRD - 20.7%, ESPS Holding  Limited - 13.5%.

According to the Ranking of Armenian Banks, prepared by IC ArmInfo,  Ameriabank increased total capital by 8.6% to AMD 64.4 billion or $  133.1 million in 2016 due to the growth of accumulated profit by  23.4% to 24.3 billion AMD. In 2016, the Bank completed with a net  profit of 6.2 billion AMD or $ 12.8 million, with growth of 29.2%.  The normative total capital of Ameriabank reached 81.9 billion AMD by  January 1, 2017, which is almost 3 times higher than the normative  minimum amount (30 billion AMD) that came into force this year. In  accordance with the results of 2016, the Bank provided the capital  adequacy ratio at the level of 15.87% (with the required minimum  12%), the total liquidity - 31.23% (with the required min 15%), the  current liquidity - 133.17% (with the required min 60 %), against,  respectively, 15.07%, 29.91% and 151.26% a year earlier. The bank is  in the lead by lending to the industrial sector (including the energy  complex), agriculture, construction sector, trade, transport and  communications, public catering and services, mortgage lending. The  Bank also retains the lead on term deposits and call deposits.