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2012-02-22 21:23:00 Armenian Development Bank intends to hold IPO in late 2013
ArmInfo. The Armenian Development Bank (ADB) is going to hold an initial public offering (IPO) in late 2013, Chairman of ADB Board Karen Sargsyan said at today's press conference.
Sargsyan said that in 2012 the Bank is not going to hold an issue, as at the moment the ADB's capital is not enough to implement a three-year strategic program. He added that the Bank's shares have been listed at the stock exchange are currently floating.
The Armenian Development Bank OJSC was founded in 1991. It has 75 stockholders, 48% of them are non-residents. 13 stockholders are legal entities, including two international organizations. The Bank has stockholders from the USA, Russia, France, Germany, Italy, Canada, Spain, Sweden, Australia, and Brazil.
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$ DEMAND (Puschase) USD |
| Best price | - |
| Average weighted price | 399,50 |
| Volume (foreign exchange) | - |
€ DEMAND (Puschase) EUR |
| Best price | - |
| Average weighted price | - |
| Volume (foreign exchange) | - |
$ SUPPLY (Sale) USD |
| Best price | - |
| Average weighted price | 399,50 |
| Volume (foreign exchange) | - |
€ SUPLY (Sale) EUR |
| Best price | - |
| Average weighted price | - |
| Volume (foreign exchange) | - |
$ DEALS (USD) |
| Opening price | 399,50 |
| Closing price | 399,50 |
| Minimum price | 399,50 |
| Maximum price | 399,50 |
| Average weighted price | 399,50 |
| +/-(%) | +0.238 |
| No. of deals | 7 |
| Volume (foreign exchange) | 900.000 |
| Volume (AMD) | 359.550.000.00 |
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