On January 21, 2020, Ardshinbank successfully priced its new RegS / 144A US$300m 5-year eurobonds rated Ba3 by Moody’s and B+ by Fitch. The issuance was recognised as a Deal of the Year by The Banker magazine, once again confirming Ardshinbank’s key role in the Armenian investment banking market.
Khofiz Shakhidi, chairman of the board of directors and Abdullo Kurbanov, CEO and co-founder of Tajikistan-based Alif Capital, discuss the challenges facing frontier market lenders and outline their plans for further growth and international expansion.