Investment (brokerage) services

  1. Օpening and maintenance of a brokerage account
  2. Acceptance and execution of instructions (orders) for the purchase and sale of securities
  3. Execution of securities transactions on behalf of and at the expense of the client
Investment (brokerage) services

Main conditions - valid from 01.09.2026

 

Investment (brockerage) service

Service

Fee*

Investment (brokerage) services 3

Securities issued outside the Republic of Armenia

Equities1 and Bonds1

0.20%, min 20,000 AMD

US Treasury Bonds

up to 120 days - from order date to maturity date

0.10% min 20,000 AMD

from 121 to 210 days - from order date to maturity date

0.15%, min 20,000 AMD

Distressed assets

1.25%, min 20,000 AMD

Other (third-party products, structured notes, non traditional funds2)

1%, min  20,000 AMD

Securities issued in the Republic of Armenia

Equities

0.35%, min 5,000 AMD

RA Government Bonds

0.05%, min 1,000 AMD

Other bonds

up to 20 million՝ 0.1%, min 2,000 AMD
20 million and more՝ 0.05%, min 2,000 AMD

Securities of Ardshinbank OJSC

Bonds issued in the RA, listed

0.08%, min. 1,000 AMD

Shares issued in the RA, listed

0.30%,  min. 5,000 AMD

Bonds issued in the RA, unlisted

0.015%, min. 1,000 AMD

Shares issued in the RA, unlisted

0.15%,  min. 1,000 AMD

Bonds issued outside the RA

0.15%,  min. 20,000 AMD

Repo/reverse repo

Exchange-traded repo/reverse repo transactions

0.15% (annual)

Other investment services

Ardshinbank's Investments expenses + 25%

1 Non-traditional funds - fund shares that are not allowed to stock exchange trade. Equities - shares, other securities that give rights equivalent to the rights given by shares, any other security that gives the right to acquire mentioned securities by way of conversion, exchange or exercise of other rights and has been issued by the issuer of the above-mentioned securities or an issuer member of their group. Bonds - securities that are not considered as Equities (Law on Securities Market of RA).

2 Non-traditional funds - fund shares that are not allowed to stock exchange trade

*The basis for calculating the tariff is the non-cash purchase exchange rate set by the Bank at the time of charging.
 
**  The basis for calculation is the transaction amount.
 
Tariffs published on the Bank's website apply to individual Clients who are citizens of the Republic of Armenia, whose center of vital interests is in the Republic of Armenia.
"Ardshinbank" OJSC provides investment services in accordance with the RA Law “On the Securities Market”, regulations, rules and other legal acts adopted by the RA Central Bank, by conducting transactions with securities on behalf of the "Ardshinbank" OJSC or the client and at the expense of client. In order to provide investment services, "Ardshinbank" OJSC carries out brokerage account opening, order acceptance and execution, transaction reporting, as well as other investment services operations. Client can make a deal with any securities quoted on the regulated market of "Armenia Stock Exchange" OJSC, as well as participate in initial placement and buyout auctions, buyouts, make deals on the secondary market.