The Capital Market Support Programme is funded by the European Union and is implemented by the EBRD through its contractors Galt & Taggart and Ameria Management Advisory. This project is being executed in partnership with the Ministry of Economy of the Republic of Armenia.
Capital Market Support Programme
The objective of the programme is to contribute to capital market development in Armenia. It aims to
Increase awareness and understanding of the opportunities of capital market financing
Support selected corporate issuers of capital market instruments through financial and non-financial support measures
Capital Market Support Programme
The Capital Market Support Programme is funded by the European Union and is implemented by the EBRD through its contractors Galt & Taggart and Ameria Management Advisory. This project is being executed in partnership with the Ministry of Economy of the Republic of Armenia.
What is it?
The Capital Market Support Programme will provide:
A free and open educational programme to local market participants
Support to a selection of beneficiaries to place securities on the local market
The selected issuers will benefit from a tailored capacity-building programme and grant co-financing of costs related the issuance.
The programme targets corporate issuers of capital market instruments, including both bonds and equity, placed on the local market.
Transparent selection criteria will be determined in the initial phase of the programme implementation and clearly communicated before the opening of the application window. These will be designed in complementarity of the existing support measures provided by the Ministry of Economy of the Republic of Armenia.
To be selected as a beneficiary of the programme, corporate issuers should apply via this website. They will be required to mandate an arranger independently and the programme is freely open to any arranger licensed by the Central Bank of Armenia. The selection criteria will be indifferent to the arranger and consider the application solely on the merit of the issuer and instrument.
The programme will also provide educational opportunities to all local market participants, building on international expertise while providing information on local procedures, regulations and requirements.
Who is it for?
How can I benefit
The programme will be implemented in 3 phases: