PAN-ARMENIAN BANK BECOMES PARTICIPANT OF ARMENIA’S STOCK EXCHANGE

news.am
February 15, 2012 | 17:00

YEREVAN. – On Wednesday the Pan-Armenian Bank Company was registered
as participant of NASDAQ OMX Armenia stock exchange, the latter’s
Marketing and Communication Department informed Armenian News-NEWS.am.

The Pan-Armenian Bank was granted the PNARB commercial code.

The Bank is also permitted to take part in the trading conducted in
the credit resource market.

To note, the Pan-Armenian Bank officially opened in September 2011. It
is founded as an open stock company, and its objective is to collect
long-term financing from international finance organizations and other
private sources directed toward development, to provide long-term
development financing to competitive production enterprises registered
and operating in Armenia.

To date, a total of thirty-two companies are NASDAQ OMX Armenia
members and market participants.

From: A. Papazian