Finance

OIL:  BRENT - 62.97-0.05 WTI - 59.93-0.05
COMEX:  GOLD - 1733.30+1.33 SILVER - 26.78+2.45
COMEX:  PLATINUM - 1204.20+1.66
LME:  ALUMINIUM - 2178.50+0.60 COPPER - 9163.50+0.17
LME:  NICKEL - 18635.00-0.21 TIN - 24165.00+4.92
LME:  LEAD - 2086.50+0.00 ZINC - 2835.00+1.11
FOREX:  USD/JPY - 106.85+0.06 EUR/GBP - 1.2083+0.47
FOREX:  EUR/USD - 1.2083+0.47 GBP/USD - 1.3962+0.52
STOCKS RUS:  RTSI - 1452.48+0.66
STOCKS US: DOW JONES - 31391.52-0.46 NASDAQ - 13358.79-1.69
STOCKS US: S&P 500 - 3870.29-0.81
STOCKS JAPAN:  NIKKEI - 29559.10+0.51 TOPIX - 1904.54+0.51
STOCKS CHINA:  HANG SENG - 29880.42+2.70 SSEC - 3576.90+1.95
STOCKS EUR:  FTSE100 - 6613.75+0.38 CAC40 - 5809.73+0.29
STOCKS EUR:  DAX - 14039.80+0.19
03/03/2021  CBA:  USD - 525.99-1.37 GBP - 735.39+4.21
03/03/2021  CBA:  EURO - 636.45+3.25
03/03/2021  CBA:  GOLD - 29151.97-250.57 SILVER - 444.08-11.84
03/03/2021  CBA:  PLATINUM - 20090.23-391.43
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Ameriabank raises Tier 2 Capital from Symbiotics SA
01/12/2020 21:03

Ameriabank raises Tier 2 Capital from Symbiotics SA

5 November, 2020 Ameriabank has entered into long-term subordinated loan agreement with Symbiotics SA for USD 15 million, with possible increase up to USD 25 million. The funds qualify as Bank Tier 2 capital instrument under Basel III framework and are aimed at strengthening the overall capital position of the Bank.

Ameriabank CEO Artak Hanesyan commented: “We highly appreciate the relationship with our partners at Symbiotics SA and are delighted to continue it with a long-term subordinated loan facility  now. The new funds will help us to not only sustain loan book growth but also provide much needed support to the Armenian businesses in these challenging times. The Facility arrives just in time, when the regulator encouraged the banks to attract capital by means of Tier 2 instruments, and we plan to raise more Tier 2 Capital still this year. This is also an important milestone en route to our IPO and I thank again our partners for their continuous support and trust in Ameriabank”.

“Together with our anchor investor in this deal, C-Quadrat, we are glad to support our long-standing partner Ameriabank with Tier II capital alongside the global pandemic and look forward to jointly ensuring uninterrupted access to finance for the local micro – small and medium sized enterprises in this economically challenging period”, noted Sofia Tulupova, Symbiotics Co- regional Manager for ECA and MENAP.

“For more than ten years, Vision Microfinance has enabled people in developing countries to make decisive improvements in their living conditions. This has become possible due to the successful cooperation with Symbiotics and the reliable network of local financial institutions that has been carefully built within these years. Ameriabank is one of the highest rated partner institutions in our investee network and we are glad that with this facility we managed to deliver a timely support to the bank that will further serve its goal of financing MSME clients of the bank in urban and rural areas of Armenia.”, noted Günther Kastner, the founder, Managing Partner and CIO of C-QUADRAT Impact Asset Management GmbH.

Symbiotics is the leading market access platform for impact investing, dedicated to financing micro- small and medium enterprises and low- and middle-income households in emerging and frontier markets. Since 2005, Symbiotics has structured and originated some 4,000 deals for over 450 companies in almost 90 emerging and frontier markets representing more than USD 5.5 billion. These investments have been purchased by more than 25 fund mandates and more than 50 third party specialized fund managers, forming a growing ecosystem and marketplace for such transactions. symbioticsgroup.com

The Dual Return Fund – Vision Microfinance contributes to sustainable development worldwide by working towards majority of United Nations Sustainable Development Goals (SDGs). Over 1.77bn USD distributed in the form of 1123 loans to 303 different Microfinance Institutions in 67 countries, reaching out to an estimated more than 2,5 million micro entrepreneurs including their families. www.visionmicrofinance.com

C-Quadrat Impact Asset Management, Austria, investment manager of the Dual Return Fund, is a leading independent asset management company in the German speaking region specializing in asset allocation, analysis and management of absolute return, sustainable investments and microfinance fund products. www.cq-am.com

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions in Armenia with clearly formulated digital agenda. The first investment bank in Armenia, Ameriabank is a universal bank offering innovative corporate, investment and retail banking services in a comprehensive package of banking solutions. For further information, please visit www.ameriabank.am.

Ucom - broadband connection starting at AMD 6,000
AMD Rates
10:50 03/03 Buy Sell
AMD / USD 524.50 527.00
AMD / EUR 633.00 640.00
AMD / RUR 7.09 7.23
dollars
dollars
CBA Rates
03/03/2021
USD / AMD
525.99
-1.37%
EUR / AMD
636.45
+3.25%
RUR / AMD
7.14
+0.07%
GBP / AMD
735.39
+4.21%
Cryptocurrencies
10:50 03/03
BTC/AMD
25,690,343
+0.31%
BTC/USD
48621.88
+0.31%
ETH/USD
1544.23
-0.19%
BCH/USD
499.59
+0.43%
XRP/USD
0.43
+0.00%
LTC/USD
172.11
+0.30%
ETH/BTC
0.03178301
-0.03%
BCH/BTC
0.01022076
+0.17%
XRP/BTC
0.00000888
-0.22%
LTC/BTC
0.00353539
+0.19%
CBA Metals
03/03/2021
dram / gram
Gold
29151.97
-250.57%
Silver
444.08
-11.84%
Platinum
20090.23
-391.43%
FOREX
09:04 03/03
EUR/USD
1.2083
+0.47%
GBP/USD
1.3962
+0.52%
USD/JPY
106.85
+0.06%
EUR/GBP
0.8654
-0.01%
Oil
09:04 03/03
$ / barrel
Brent
62.97
-0.05%
Light Sweet
59.93
-0.05%
COMEX
09:04 03/03
$ / tr. oz
Gold
1733.30
+1.33%
Silver
26.78
+2.45%
Platinum
1204.20
+1.66%
LME / 3M
09:04 03/03
$ / tonne
Aluminium
2178.50
+0.60%
Copper
9163.50
+0.17%
Nickel
18635.00
-0.21%
Tin
24165.00
+4.92%
Lead
2086.50
+0.00%
Zinc
2835.00
+1.11%
Molybdenum
27337.00
+0.00%
Cobalt
51800.00
+0.00%
Indexes
09:04 03/03
point
Dow Jones
31391.52
-0.46%
S&P 500
3870.29
-0.81%
NASDAQ
13358.79
-1.69%
FTSE
6613.75
+0.38%
CAC 40
5809.73
+0.29%
DAX
14039.80
+0.19%
RTSI
1452.48
+0.66%
Nikkei
29559.10
+0.51%
Topix
1904.54
+0.51%
Hang Seng
29880.42
+2.70%
SSEC
3576.90
+1.95%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
5.50
+0.00%
Lombard Repo
Lombard Repo Rate
7.00
+0.00%
Deposit
Deposit Rate
4.00
+0.00%
Macroeconomy
12/2020
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
2,070.3
-0.9%
Export 1
Export
2,544.5
-4.9%
Import 1
Import
4,559.4
-17.7%
CPI
Consumer price index
+1.2
Avg. Salary 2
Average salary
189,758
+3.90%
Services 3
Volume of services
1,708.4
-15.7%
Construction 3
Volume of construction
413.83
-9.5%
1 - mln AMD, 2 - AMD, 3 - bln AMD