Our Shareholders

FINCA Armenia shares are owned by FINCA Microfinance Cooperative U.A., a Netherlands-based company.

On November 1, 2011, following preliminary approval of the Central Bank of Armenia, 136,472 shares of FINCA UCO CJSC owned by FINCA International were transferred to FINCA Microfinance Cooperative U.A., a Netherlands-based company. FINCA Microfinance Cooperative U.A. has been incorporated in the Netherlands by FINCA Microfinance Holding Company LLC and FINCA International. The declared shares of FINCA UCO CJSC constitute 490,596, each with a nominal value of 10,000 AMD. The charter capital constitutes 4,905,960,000 AMD.

Our Investors

Our cooperation with prominent international financial institutions is testament to FINCA Armenia’s strong financial performance and our commitment to the FINCA Impact Finance mission.


BlueOrchard works together with investors, microfinance operators and their clients in the growth and development of a sustainable financial system that provides opportunities to the world’s poor. Since its inception in 2001, BlueOrchard-managed funds have provided nearly USD 2 billion in loans to more than 260 microfinance institutions (MFIs) that together reach 30 million clients.


Developing World Markets is an asset manager and investment bank dedicated to making socially positive investments in order to promote sustainable economic and social development on a global scale. As of December 31, 2012, Developing World Markets manages approximately USD 765 million in impact investments on behalf of institutional investors.


Symbiotics is an investment company specialized in emerging, sustainable and inclusive finance which offers market research, investment advisory and asset management services.  Since 2004, Symbiotics has invested over USD 1.9 billion in more than 200 microfinance institutions in 50 emerging countries, working with more than 28 investment funds and many institutional investors.


The European Bank for Reconstruction and Development fosters transition to market economies in countries from central and eastern Europe to central Asia and the southern and eastern Mediterranean. The EBRD serves the interests of all its shareholders – 65 countries plus the European Union and the European Investment Bank -, not just those countries which receive its investments (€8.5 billion in 2013).


Oikocredit is a worldwide cooperative and social investor, providing funding to the microfinance sector, fair trade organizations, cooperatives and small to medium enterprises. Oikocredit provides funding for 806 partners in 63 countries. As of June 30, 2014 the assets reached €801 million.


Serving as a bridge between developed capital markets in the West and financial sectors in developing countries, Triple Jump improves access to appropriate financial services for entrepreneurs at the bottom of the pyramid. By providing capital and advisory services, Triple Jump supports the expansion of viable financial service providers in all stages of development. With over 10 years of fund management experience Triple Jump’s committed capital and invested capital reached €339 million €264 million respectively in 2013.


IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, IFC’s investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges.


Backed by a global network spanning over 70 countries, Deutsche Bank is a leading provider of financial services to agencies, corporations, governments, private individuals and institutions in the Americas. Having first established a presence in the Americas in the 19th century, the Bank began independent operations in the U.S. in 1978, opening its first North American branch in New York City. The Bank’s estimated cumulative financing to micro-borrowers since 1997 is $1,67 billion.


The Black Sea Trade and Development Bank (BSTDB), an international financial institution with headquarters in Thessaloniki, Greece, was established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB started operations in June 1999 and has authorized capital of €3.45 billion. The Bank supports economic development and regional cooperation in the Black Sea Region through trade and project finance lending, guarantees, and equity participation in private enterprises and public entities in the member countries.


FINCA issued nominal, non-documentary, coupon bonds.

The program prospectus of FINCA UCO CJSC nominal, non-documentary, coupon bond issuance was registered by the N 1/234A resolution of Chairman of the Central Bank of Armenia as of April 19, 2019.

Bond Issue Prospectus 2019

1st Addition to Bond Issue Prospectus 2019

2nd Addition to Bond Issue Prospectus 2019

The program prospectus of FINCA UCO CJSC nominal, non-documentary, coupon bond issuance was registered by the N 1/842A resolution of Chairman of the Central Bank of Armenia as of December 5, 2018.

Bond Issue Prospectus 2018

On December 30, 2016, the prospectus of FINCA UCO CJSC nominal, non-documentary, coupon bonds issue was registered by the resolution of Governor of the Central Bank of Armenia N 1/970A.

Bond Issue Prospectus 2016

 On February 22, 2017, placement of nominal coupon bonds (FNCAB1) issued by Finca UCO CJSC took place on the NASDAQ OMX Armenia primary placement platform in a standard closed (European) auction. ARARATBANK OJSC acted as the underwriter of the guaranteed placement.