The line of companies listed on the Armenia Stock Exchange (AMX) has today been expanded by “KAMURJ” UCO CJSC, a company specialized in the financial and credit sector. The company is engaged in financing agriculture, supporting both micro and large farming enterprises, providing business lending aimed at business development, and offering mortgage loans, housing improvement loans, and consumer loans.

Starting from March 18, investors will have the opportunity to participate in the exchange trading of “KAMURJ” UCO CJSC bonds by applying to banks or investment companies that are members of the exchange.

“KAMURJ” UCO CJSC bonds, with a total nominal volume of 1,000,000,000 AMD, will be included in the secondary Bbond list of the Armenia Stock Exchange. A total of 20,000 bonds will be listed, each with a nominal value of 50,000 AMD, a coupon yield of 12.5%, and a circulation period of 36 months. It will also be possible to conduct negotiated trades and conclude repo transactions with these bonds.

The placement of the bonds was carried out on February 3, 2026, through the placement platform of the Armenia Stock Exchange operator, with the mediation of Dimension CJSC.

The CEO of the Armenia Stock Exchange, Hayk Yeganyan, stated:

“The entry of “KAMURJ” UCO CJSC into the capital market is a significant step in the company’s path of further development. We highly appreciate the company’s willingness to expand its financial toolkit. This not only demonstrates the stability of the company’s operations but also promotes the activation of the capital market, serving as an example for other companies aiming to operate under transparent and accountable conditions.”

The CEO of “KAMURJ” UCO CJSC, Alexander Teryan, stated:

“Entering the Armenia Stock Exchange is an important step in the development of our company and will provide an opportunity to expand our sources of financing. We strive to offer simple and accessible financial services tailored to the needs of our clients, which will contribute to the growth of economic activity and increase access to financial services.”

“KAMURJ” began its operations in 1998 and, over more than 28 years, has served around 200,000 families, playing an important role in the development of small entrepreneurship and farming in Armenia. The company operates based on principles of transparency and the best international practices, offering loan solutions tailored to clients’ needs. The funds raised through the bond issuance are planned to be directed toward expanding the loan portfolio, particularly in financing small businesses and farming enterprises. This will allow the company to diversify its funding sources and offer customers more affordable and accessible loan products.

“KAMURJ” UCO CJSC hereby announces that the bonds with a total value of AMD 1,000,000,000 were fully allocated on the opening day of the auction, held on February 3, 2026, on the Armenian Stock Exchange.

Auction results can be accessed here:

https://amx.am/en/corporate_securities_allocation

Final terms of the bonds are available at:

https://kamurj.am/images/documents/Final_Terms__Tranche_1.pdf

The bond prospectus was registered by Decision No. N 1/8 A of the Chairman of the Central Bank of the Republic of Armenia dated January 7, 2026.

“KAMURJ” UCO CJSC has been recognized as the Best Microfinance Company in Armenia in 2025 by the prestigious Global Business Outlook Awards (GBO Awards).

Global Business Outlook Awards is a globally recognized platform that aims to evaluate and encourage companies that stand out for their efficiency, innovation, and pursuit of excellence. The awards cover various sectors, including finance, banking, energy, and technology, highlighting the best representatives from both the private and public sectors.

“This award is a great honor for our team. “KAMURJ” has consistently strived to provide transparent and accessible microfinance services, supporting the growth of our clients’ businesses. This award is yet another proof of our team’s dedication, professionalism, and customer-focused approach,”- said A. Teryan, CEO of “KAMURJ” UCO CJSC.

Over the years,“KAMURJ” UCO has received high recognition and awards from various international organizations as a leading institution in Armenia’s microfinance sector. This award further confirms “KAMURJ” UCO’s stable position, reliability, and long-term development strategy.

On October 4, the much-anticipated and beloved Areni Wine Festival 2025 took place in Areni village, where “KAMURJ” UCO CJSC was the General Partner of the event.

The festival gathered thousands of visitors, including international guests, who had the opportunity to discover Armenia’s wine culture and traditions.

KAMURJ’s participation in this important event once again demonstrates the company’s commitment to supporting community development and promoting local products.

“Areni Wine Festival has long been an important platform for the economic, cultural, and tourism development of communities. We believe such events not only preserve and promote Armenian values but also create new opportunities for local residents and entrepreneurs,” said A. Teryan, CEO of “KAMURJ” UCO CJSC.

For more than 27 years, “KAMURJ” UCO CJSC has contributed to social stability and economic development, serving as a reliable partner for thousands of families, farmers, and entrepreneurs through accessible financial services.

Like the previous year this year also “KAMURJ” UCO has been recognized by the Global Banking & Finance Review magazine as the best microfinance company of 2023 in Armenia offering microfinance services.

"We are very proud to receive this award for the second year in a row. “KAMURJ” UCO, during nearly 25 years of its operation, has always emphasized the competitive advantages, meanwhile has tried to develop and offer competitive products on the market. We will continue our work in order to maintain our advanced positions on the financial and banking market of Armenia," noted Executive Director of “KAMURJ” UCO CJSC, A. Teryan.

The Global Banking & Finance Review Magazine’s Awards are presented annually to innovative, forward-thinking companies based on their strategy and achievements. An expert jury reviews category nominees according to clearly defined criteria and selects the winner.

The magazine has been published since 2010, and awards have been presented since 2013, considering the most famous and spectacular financial companies operating on almost all continents of the world.

“ KAMURJ” universal credit organization, for the first time in its history, was recognized by Global Banking & Finance Review magazine as “Best Micro Finance Company Armenia 2022 ”.

The Global Banking & Finance Awards are awarded annually to the progressive financial Companies, Banks, and Credit organizations that are offering banking and microfinancial services, taking their strategy, achievements and a number of other important indicators into account.

The magazine has been published since 2010, and the awards have been given since 2013, observing the most famous and spectacular financial organizations operating on almost all continents of the world.

“We are very proud that this year “KAMURJ” UCO managed to receive the “Best Microfinance Company of Armenia 2022” award from this prestigious magazine. Despite the great difficulties that Armenia has faced in recent years, “KAMURJ” universal credit organization has managed to achieve financial stability and ensure dynamic growth”,- noted Executive Director of “KAMURJ” UCO CJSC, A. Teryan.

“KAMURJ” universal credit organization has signed a new cooperation agreement, in the scope of which, starting already from this month, will provide loans for the development of micro, small and medium businesses within the framework of the “MSME Support” program of the KfW Bank, Federal Republic of Germany.

Under that agreement, business loans will be provided: up to 160 million AMD, up to 60 months with a grace period of up to 30 months, and with an annual interest rate of 10.5% to 12.4%, depending on the investment program.

It should be noted that loans up to 4 million AMD are also provided without collateral.

“It is necessary to emphasize, that loans are provided only in Armenian drams, which is even more demanded by borrowers. One of the great advantages of the loan is that for the repayment, it has a rather long grace period, up to 30 months, adapted to the borrower's income and investment program”, noted the Executive Director of “KAMURJ” UCO CJSC, A. Teryan.

A memorandum of cooperation has been signed between “KAMURJ” UCO and “Armenian Leasing Company”.

The main goal of the memorandum of cooperation is:

- Providing specialized leasing services to clients, moreover, the service may include, in addition to the actual leasing process itself, other related financial services too

- Develop a co-financing program, in the scope of which the provision of specialized leasing services, as well as other financial services, will be included

- Carry out joint activities to raise customer awareness and make services available

- Implement training programs for employees of collaborating parties

- Develop other opportunities for cooperation

This level of cooperation is a new direction in the financial system, which will contribute to the development of various sectors of the economy.