Become a shareholder

What are the advantages?

• Only in the last 3 years the carrying amount of shares increased by about 40%
(calculated at comparable share prices*) ոմսերի

• The bank pays dividends to its shareholders for the 10^th year in a raw*

• The shareholders can participate in the bank’s management being a part of a number of implemented projects

* (On April 21 2023, the extraordinary in-absentia meeting of the Bank's shareholders resolved to split the Bank's ordinary shares at the ratio of 1-into-5, as a result, the nominal value of 1 share decreased 5 times, from AMD 10,400 to AMD 2,080. To calculate the increase in the balance sheet value at comparable prices, on 31.12.2020, the carrying amount has been reduced proportionately in accordance with the above-mentioned).

Terms

• Class and volume of proposed shares
373,135 common shares with a nominal value of AMD 2,080 each (market price AMD 5,360), the total volume of shares in nominal value amounts to AMD 776,120,800 (market price AMD 2,000,003,600).

• Intended period

14/06/2024 09:00-31/10/2024 16:00

• The shares can be bought

From 54 branches of the bank operating in Yerevan and regions
• Prospectus and Prospectus Supplement

Payment of dividends

The bank's dividend payment policy is grounded in the following approach: taking maximum consideration of the demands of the bank's shareholders and ensuring the efficient development of the bank, which, again contributes to the interests of the shareholders.

The statutory capital of the bank amounts to AMD 30,801,894,720. It includes 11,746,584 common shares with a nominal value of AMD 2,080 each and 424,600 preference shares with a nominal value of AMD 15,000 each.

General information

* Payment of dividends (last 10 years)

2014 - 7%
2015 -14%
2016 - 8%
2017- AMD 150 per share
2018- AMD 150 per share
2019- AMD 200 per share
2020- AMD 200 per share
2021- AMD 250 per share
2022- AMD 30 per share

(On 21 April 2023, the extraordinary in-absentia meeting of the Bank’s shareholders resolved to split the Bank's ordinary shares at the ratio of 1-into-5. As a result, the nominal value of 1 share decreased 5 times, from AMD 10,400 to AMD 2,080. Therefore, to compare the dividends of the preceding years, it will be necessary to multiply the dividends paid (starting from 2022) by 5 (for example, AMD 30 dividend paid in 2022 is equivalent to AMD 150 paid in the preceding years).

2023 - AMD 40 per share

The Procedure for Payment of Dividends,Resolutions for Payment of Dividends and other details can be found at Owners section