Armenian Development Bank
Armenian Development Bank's children competition "Developing motherland in my imagination" On June 03 at 16:30 Armenian Development Bank OJSC summarized the results of the competition titled "Developing motherland in my imagination" and awarded ceremony participants dedicated to the International Children's Day.   Custodian services Armenian Development Bank since 11 March 2013 realizes all functions of the Account Operator and offers to sign/resign Custodian contracts of the owners' of nominal securities through ADB. ''Development'' loans Armenian Development Bank to stimulate business climate development offers legal entities and entrepreneurs a new type of loans that are ''Development'' loans. This type of loan is for those who are engaged or starting entrepreneurship.   Armenian Development Bank improved conditions of ''Instant'' consumer loans and card credit lines in foreign currency Committed to its principle to make more accessible loans products for the public, Armenian Development Bank improved conditions of the ''Instant''  consumer loans and card credit lines in foreign currency.   Armenian Development Bank awarded the winners of Young scientists conference. During the conference organized by the faculty of economics of YSU Chief Treasurer, also member of the Executive board Grigori Zakaryan awarded the best students for presenting reports on the topic ‘’Contemporary problems of economics’’.  

News
03.06.2013
Armenian Development Bank's children competition "Developing motherland in my imagination" On June 03 at 16:30 Armenian Development Bank OJSC summarized the results of the competition titled "Developing motherland in my imagination" and awarded ceremony participants dedicated to the International Children's Day.  
07.05.2013
Custodian services Armenian Development Bank since 11 March 2013 realizes all functions of the Account Operator and offers to sign/resign Custodian contracts of the owners' of nominal securities through ADB.

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Address of the Armenian Development Bank OJSC, RA, Yerevan, 0015, 21/1 Paronyan str., Tel.: /37410/ 59 15 15, Fax: /37410/ 59 14 05, S.W.I.F.T. ARDEAM 22, e-mail address: info@armdb.com

The authorized capital of "Armenian Development Bank" Open Joint Stock Company is 4 525 992 300 AMD as for January 31, 2011. Throughout its operation the Bank has implemented 13 issues through which there have been allocated 792 685 common shares with 5500 AMD nominative value and 237 464 privileged shares with 700 AMD nominative value. The Bank has 76 stockholders in number. As for April 10, 2013 11 of the Bank's stockholders are resident legal and 37 are physical persons, and 28 are non-resident physical persons. The participation of resident individuals and legal entities in the Bank's authorized capital is 65.87%, that of non-resident individuals and legal entities is 34.13%. There aren't people having indirect significant participation in the authorized capital of "Development Bank" OJSC.

Significant proprietors of the Bank's shares are as follows:

No Name, Surname Participation in the Bank capital
1. Ruben Hayrapetyan 19.981%
2. Araik Mekhakyan 17.438%
3. Grigor Termendjyan 16.029%
4. Onik Aleqsanyan 13.996%

The registry of the Bank's stockholders is headed by Armenian Central depository (address: Yerevan, M. Mkrtchyan 5b, telephone: /010/ 520978, 566446, 589151, fax: 585549).

According to the 4th clause of article 43 of the RA law on "Banks and banking activity" each stockholder of "Armenian Development Bank" Open Joint Stock Company is entitled to get copies of the Bank's last annual report and external auditing conclusion.

Each stockholder of "Armenian Development Bank" Open Joint Stock Company having 2% and more of the company's allocated voting shares is entitled to get information as defined by the 4th and 5th clauses of article 43 of the RA law on "Banks and banking activity". (You can find the law in this homepages:  http://www.cba.am/AM/lalaws/orenq2.pdf or www.arlis.am      

The Bank provides the above mentioned information free of charge within three working days following a participant's written application. A written application can be handed to the Bank's headquarters: Yerevan city, 0015, Paronyan 21/1 - "Armenian Development Bank" Open Joint Stock Company.    


Updated: 10.04.2013 18:00


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