Evocabank to Issue Bonds

On March 2, 2021, Evocabank will issue nominal, coupon, non-convertible, non-documentary, irredeemable bonds.

The total number of the bonds is 50,000 for AMD bonds and 50,000 for USD bonds. Coupons will be paid quarterly. The par value for AMD bonds is AMD 10,000, while for USD bonds it is USD 100.

TERMS AND CONDITIONS OF ISSUANCE OF BONDS

As an innovative and modern bank, Evocabank for the first time in Armenian financial system, made it possible for you to buy its bonds online through Bank’s EvocaTOUCH app. The automated process is very fast, easy, and convenient.

Bonds are demanded and profitable financial instruments. They are secured, high-yield with a number of advantages such as:

• Funds raised with the help of bonds are considered guaranteed bank deposits and guaranteed by the Deposit Guarantee Fund.
• Income from bonds is exempt from income tax and non-resident income tax.
• Coupons will be paid quarterly.

FREQUENTLY ASKED QUESTIONS ABOUT BONDS

What is a bond?
A bond (in Latin: obligation) is a debt security which confirms the bondholder’s right to get from the issuer the par value together with interest at a specific time.

What will happen if I need the money invested in bonds until maturity?
The bonds issued by Evocabank will be listed on the Armenian Stock Exchange. You can buy or sell them at any time.

Why should I buy bonds instead of investing in a deposit?
Bonds are more efficient and rewarding securities. They have a number of advantages.
Income from bonds is exempt from income tax and non-resident income tax.
In case of selling the bonds, you keep the accrued interest.

My deposits are guaranteed by the Deposit Guarantee Fund, what about my bonds?
Bonds are also guaranteed.

Under the RA law On Guaranteeing Compensation of Bank Deposits of Individuals, funds raised from bond issuance are considered guaranteed bank deposits and thus they are also guaranteed by the Deposit Guarantee Fund.

How can I buy Evocabank bonds?
To buy bonds, you need to:

Visit any Bank office, fill out the application for bonds purchase, enter the sum to the special account or do it online from anywhere in the world at any time.

Can I, if needed, get a loan backed by these bonds?
Surely, you can.

Like deposits, bonds can serve as collateral for short-term loans.

The loan will be provided for the term no longer than the bond maturity: bond nominal interest rate +2%, specifically, for AMD bonds - 12%, USD bonds - 7.5% per annum.

Potential investors in bonds can get additional information on terms and other details of the electronic version of the bond prospectus (registered pursuant to decision of the CBA chairman #1/562A dated 07.10.2020) below.

BOND PROSPECTUS	PROSPECTUS SUPPLEMENT	FINAL TERMS FOR AMD BONDS	FINAL TERMS FOR USD BONDS

The customers having bought bonds over USD 100,000 or AMD 50,000,000 will get a present from the Bank – the highest class Visa Infinite card of Visa payment system without annual service fee.

Together with the card you will get also:

• Great service
• Unique approach
• Exclusive advantages worldwide.