Evoca completed placement of bonds ahead of schedule

The Bank has placed 300,000 dram-denominated and 150,000 USD-denominated bonds. Coupons will be paid on a quarterly basis - once every three months, yielding 10.25% and 5.25% per year respectively, maturing in 36 months.

Evocabank bonds were also available for online sale through Bank’s EvocaTOUCH app.

More details on bonds may be found here.