Yerevan /Mediamax/. “Armswissbank” is getting ready to a public placement of “UCO Express-Credit”## bonds at the total volume of 150mln drams.

As Mediamax was told in the Marketing Department of “Armswissbank”, on July 4, the bank presented to the Central Bank the necessary documentation for registering the bonds of the credit organization in the established order.

According to the agreement, signed in May 2008 between “Armswissbank” and “UCO Express-Credit”, the bank plans the issue and placement of 6000 bonds at the total volume of 150mln drams.

The principle value of the bonds will make 25 thousand drams, the repayment term – 18 months.