Yerevan /Mediamax/. “Ardshininvestbank” is preparing for an AMD 1.5bln (around $5m) domestic bond issue at the end of November##.

Mediamax reports that Bank’s Deputy Chairman Evgeny Spravtsev said this in an interview to Business New Europe.

"This is our debut issue. It’s a small amount by international standards, but for Armenia it’s quite big - almost four times largest than the latest issue”, Evgeny Spratsev stated.

According to him, the main objective is to establish a credit history so that the bank can borrow more means in future.