Investment services

Investment and non-investment service types

"ARMECONOMBANK" OJSC offers its customers the following types of investment and non-investment services:

 1. Investment service

1.1 Acceptance and communication of instructions with securities from customers,

1.2 Operations with securities on behalf of the Bank or the customer and on the customer's account,

1.3 Operations with securities on behalf of the Bank and bank's account.

 2. Non-investment service

2.1 Custodian services.

The subdivision of offering investment and non-investment services is considered the "Dealing Center" department.

The tenders of services are in Armenian and can be accepted both in paper and electronic form by means of CBANet.

The reports are provided to the customer on fulfillment operations, as well as a statement after making depo account operation immediately but no later than at the end of the next working day of operation.

The reports and the statements are provided either in paper or electronic form, by means of CBANet.

Commission fees for investment and non-investment services:

Provision of custodial services of RA State bonds
Account opening/closureFREE
Account service (custodian fee annually)AMD 5,000
Depo assignment performance  AMD1,000
Investment service 
The market of RA State bonds and securities issued by CBA
up to AMD  100 mln.0.05% of the  transaction amount, min. AMD 5,000
AMD 100 mln. and more 0.04% of transaction amount
Corporate securities market
Up to AMD 100 mln. 0.2% of transaction mount, min.  AMD 5,000
AMD 100 mln. and more 0.1% of transaction amount

The information between the Bank and the customer transfers by means ofsafe transmission.

The place of signing the operation can be as intra-exchange as extra-exchange market.

Investing in securities, investors are related to a number of risks which are different for different types of securities.

“ARMECONOMBANK” OJSC implements transactions with state and corporate bonds in the security market, and even though the bonds are classified as low-risk instruments, it contains typical main risks as other instruments of the financial market.

  • Market risk,
  • Credit risk,
  • Liquidity risk,
  • Other risks.

As a possible risk species we single out the following ones: 

Interest rate risk is the risk arising as a result of market interest rate change.

Inflation risk is the risk arising as a result of inflationary pressure, which results in the fall of income purchasing power accrued from security investments. 

Credit risk is the risk, which may occur as a result of non-implementation of obligations fully or partially by the issuer of security.

These types of risks are the main ones which may arise when investing in securities.

For information on possible other risks you may visit “ARMECONOMBANK” OJSC. 

Attention! “ARMECONOMBANK” OJSC does not insure investor from unfavorable fluctuations of the prices in the market.
Attention! In case of transaction performance according to the conditions mentioned in the Application submitted by the Customer, the CUSTOMER BEARS THE RISK of investment in securities. “ARMECONOMBANK” OJSC WILL NOT REIMBURSE the customer losses if they aren’t caused as a result of “ARMECONOMBANK” OJSC’s unscrupulous behaviour.
Attention! Investments in securities aren’t guaranteed by Deposit Guarantee Fund.
Necessary documents for private entrepreneurs
  1. Identification document,
  2. Social card (RA resident),
  3. Certificate of private entrepreneur (the original and a copy) and the stamp (if any) required only from private entrepreneur,
  4. Tax code (the original and a copy) (required only from private entrepreneur,
  5. In case the insolvent private entrepreneur opens an account, the liquidator submits to the Bank the decision on liquidation and appointment by the relevant competent body,
  6. A notarized power of attorney for the disposal of funds held in the account.
Necessary documents for legal entities

For the use of investment and not main services provided by the Bank, the manager, chief accountant (if any) shall visit the Bank, as well as persons endowed with the right of signature bringing with them company's round seal and the following documents:

  1. Identification document,
  2. State registration certificate of corporate entity (the original and 1 copy),
  3. Charter (original and 1 copy bound and sealed "True copy"),
  4. Tax code (original and 1 copy),
  5. Extracts and approved copies of resolutions of entering into office of the manager, chief accountant (if any), and other authorized officials, and in case of the manager, the copy of resolution (minutes) of his/her appointment by an authorized body. Copies of resolutions are not demanded if the above mentioned persons are registered in the submitted state registration certificate. In case of non-resident legal entities a relevant document confirming entering into office of the manager, chief accountant, and other persons authorized to sign,
  6. In case of account opening for liquidated (under insolvency process) corporate entity liquidation manager shall submit the relevant competent authority's decision on liquidation (insolvency).
Opening account for Individuals
  1. Identification document,
  2. Social card (RA residents).
Policy directed towards prevention of interest clashes
Individuals agreement
Information bulletin
Procedure of providing investment and not main services
Corporate entities agreement
Investment and non-investment service types

"ARMECONOMBANK" OJSC offers its customers the following types of investment and non-investment services:

 1. Investment service

1.1 Acceptance and communication of instructions with securities from customers,

1.2 Operations with securities on behalf of the Bank or the customer and on the customer's account,

1.3 Operations with securities on behalf of the Bank and bank's account.

 2. Non-investment service

2.1 Custodian services.

The subdivision of offering investment and non-investment services is considered the "Dealing Center" department.

The tenders of services are in Armenian and can be accepted both in paper and electronic form by means of CBANet.

The reports are provided to the customer on fulfillment operations, as well as a statement after making depo account operation immediately but no later than at the end of the next working day of operation.

The reports and the statements are provided either in paper or electronic form, by means of CBANet.

Commission fees for investment and non-investment services:

Provision of custodial services of RA State bonds
Account opening/closureFREE
Account service (custodian fee annually)AMD 5,000
Depo assignment performance  AMD1,000
Investment service 
The market of RA State bonds and securities issued by CBA
up to AMD  100 mln.0.05% of the  transaction amount, min. AMD 5,000
AMD 100 mln. and more 0.04% of transaction amount
Corporate securities market
Up to AMD 100 mln. 0.2% of transaction mount, min.  AMD 5,000
AMD 100 mln. and more 0.1% of transaction amount

The information between the Bank and the customer transfers by means ofsafe transmission.

The place of signing the operation can be as intra-exchange as extra-exchange market.

Investing in securities, investors are related to a number of risks which are different for different types of securities.

“ARMECONOMBANK” OJSC implements transactions with state and corporate bonds in the security market, and even though the bonds are classified as low-risk instruments, it contains typical main risks as other instruments of the financial market.

  • Market risk,
  • Credit risk,
  • Liquidity risk,
  • Other risks.

As a possible risk species we single out the following ones: 

Interest rate risk is the risk arising as a result of market interest rate change.

Inflation risk is the risk arising as a result of inflationary pressure, which results in the fall of income purchasing power accrued from security investments. 

Credit risk is the risk, which may occur as a result of non-implementation of obligations fully or partially by the issuer of security.

These types of risks are the main ones which may arise when investing in securities.

For information on possible other risks you may visit “ARMECONOMBANK” OJSC. 

Attention! “ARMECONOMBANK” OJSC does not insure investor from unfavorable fluctuations of the prices in the market.
Attention! In case of transaction performance according to the conditions mentioned in the Application submitted by the Customer, the CUSTOMER BEARS THE RISK of investment in securities. “ARMECONOMBANK” OJSC WILL NOT REIMBURSE the customer losses if they aren’t caused as a result of “ARMECONOMBANK” OJSC’s unscrupulous behaviour.
Attention! Investments in securities aren’t guaranteed by Deposit Guarantee Fund.
Necessary documents for private entrepreneurs
  1. Identification document,
  2. Social card (RA resident),
  3. Certificate of private entrepreneur (the original and a copy) and the stamp (if any) required only from private entrepreneur,
  4. Tax code (the original and a copy) (required only from private entrepreneur,
  5. In case the insolvent private entrepreneur opens an account, the liquidator submits to the Bank the decision on liquidation and appointment by the relevant competent body,
  6. A notarized power of attorney for the disposal of funds held in the account.
Necessary documents for legal entities

For the use of investment and not main services provided by the Bank, the manager, chief accountant (if any) shall visit the Bank, as well as persons endowed with the right of signature bringing with them company's round seal and the following documents:

  1. Identification document,
  2. State registration certificate of corporate entity (the original and 1 copy),
  3. Charter (original and 1 copy bound and sealed "True copy"),
  4. Tax code (original and 1 copy),
  5. Extracts and approved copies of resolutions of entering into office of the manager, chief accountant (if any), and other authorized officials, and in case of the manager, the copy of resolution (minutes) of his/her appointment by an authorized body. Copies of resolutions are not demanded if the above mentioned persons are registered in the submitted state registration certificate. In case of non-resident legal entities a relevant document confirming entering into office of the manager, chief accountant, and other persons authorized to sign,
  6. In case of account opening for liquidated (under insolvency process) corporate entity liquidation manager shall submit the relevant competent authority's decision on liquidation (insolvency).
Opening account for Individuals
  1. Identification document,
  2. Social card (RA residents).
Policy directed towards prevention of interest clashes
Individuals agreement
Information bulletin
Procedure of providing investment and not main services
Corporate entities agreement
Last modified on Thursday, 07 July 2016 17:02