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Fast Bank Launches 100,000 AMD Coupon Bonds with Guaranteed Returns for Investors

From April 19th to June 6th, Fast Bank is planning to distribute 100,000 AMD coupon bonds with a yearly interest rate of 11%. The total value of this bond series is 2,000,000,000 AMD. These bonds will be distributed at 30 branches of Fast Bank, with the help of “Daymension” LLC or other intermediary firms that provide investment services. The distribution process will take place between 9:30 am and 3:30 pm. To acquire these bonds, individuals will need to present identification documents, a taxpayer identification number, and information about their bank accounts. The bank assures that the funds received from these bonds are considered as guaranteed bank deposits and are protected by the Deposit Guarantee Fund. The bond program of Fast Bank is registered with the RA CBA President under the number 1/408A, on August 09, 2023. Interested individuals can download the program’s prospectus and final terms of issuance from the bank’s website.

It’s important to note that Fast Bank is supervised by the RA CBA for regulatory purposes.

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