Yerevan, February 23 /Mediamax/. “Armeconombank” plans to realize an IPO in 1.5 year and holds talks with the London exchange, the Executive Director of the bank David Sukiasian said today.

Mediamax reports that David Sukiasian stated that it is necessary to carry out certain procedures to organize and IPO on international exchanges.

He noted that the receiving a rating by the Moody’s Investors Service is one of the steps along the path of “Armeconombank” to IPO.