AraratBank OJSC Revenue and Competitors

Welcome to AraratBank OJSC official Linkedin page. AraratBank OJSC is a dynamically growing financial institution providing a universal package of banking services corresponding to international standards. The bank cooperates with 14 reputable international financial institutions, including European Bank for Reconstruction and Development (EBRD), Kreditanstalt Für Wiederaufbau (KfW), Dutch development bank (FMO), Opec Fund for International Development (OFID), European Fund for Southeast Europe (EFSE), ResponsAbility Global Microfinance etc. \n\nThe bank is one of the most active participants in the securities market. It issued corporate bonds ten times in 2007, 2008, 2009, 2011, 2012, 2013, 2014 and 2015, listed on the RA Stock Exchange. In 2015 the bank issued corporate bonds two times – 1) 80 thousand nominal, non-documentary, coupon bonds in the total volume of USD 2 million, at 25 USD face value, 7.25% annual yield, 36-month maturity and quarterly coupon redemption and 2) 80 thousand nominal, non-documentary, coupon bonds in the total volume of USD 2 million, at 25 USD face value, 7% annual yield, 24-month maturity and quarterly coupon redemption. AraratBank is a participant of the SWIFT international payment system. It carries out fast international remittances through Money Gram, Anelik, Xpress Money, Ria Money Transfers, Intel Express, Sigue and Converse Transfer systems.\n\nThe Bank is regulated by the Central Bank of Armenia.