Dividends

The Bank's chartered capital amounts to AMD 13,708,744.2. It covers AMD 1,852,533 for ordinary shares, each with a nominal value of AMD 7,400.

Information on issued shares of the Bank.
ARMECONOMBANK had 14 issues of shares.

The Bank has 3294 shareholders.
Pricing of the Bank's shares: NASDAQ OMX Armenia.
The share register is run by the Central Depository of Armenia:
The Central Depository of Armenia OIC,
Address: 5M.Mkrtchyan, Yerevan
Tel: +374 10 520-978, +374 10 566-466, +374 10 589-151,
Fax: +374 10 585-549.

On the paid dividends
Based on the annual results, the Bank, against the common shares, paid dividends in the sizes mentioned below.
1992 - 175%,
1993 - 200%,
1994 - 500%,
1995-2001 Pursuant to the resolution of Shareholders’ Meeting the profit was directed to the development of the Bank
2002 - 6%,
2003 - 8%,
2004 - 10%,
2005 - 11%,
2006 - 12%,
2007 - 12%,
2008 - 10%,
2009 - 7%,
2010 - 9%,
2011- 9%,
2012 – The Shareholders’ Meeting resolved to direct the profit to the development of the Bank.
2013 - The Shareholders’ Meeting resolved to direct the profit to the development of the Bank.
2014 - 7%,
2015 -14%
2016 - 8%
2017- AMD 150 per share
2018- AMD 150 per share

 

 

The Bank's dividend payment policy is based on the following approach:

  • Taking into consideration the Shareholders' requirements,
  • Ensuring the effective development of the Bank,
  • Which will also promote the Shareholders' interests:

Regulation on dividents

Decision on paying dividents

 

Updated: 08/04/2019 17:54
Prospectus
Updated: 07/05/2019 17:54