II Conference Capital Markets Armenia

March 14, 2024
Yerevan
Armenia Marriott Yerevan (1 Amiryan St.) - Ararat Balroom
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Pre-party by Armbrok (13.03.2024)
19:00 - 00:00
3a Pushkin St

The event will be carried out in accordance with the list of registered participants (although the event is not necessary)

II Conference Capital Markets Armenia (14.03.2024)
09:00 - 09:40

Registration of participants, welcome coffee

2nd Floor Foyer
09:40 - 10:00

Welcoming words

Ararat Balroom
Sergey Lyalin, Founder, Cbonds
Eva Balasanyan, Partner, NABIX
Ararat Mkrtchian, Managing Parner, Sirius Capital
Artyom Zakaryan, Founder and Investment Director, Limitless Asset Management CJSC
Marine Zakharyan, CEO, Glocal Asset Management
Evgeniya Sluchak, Member of the Board of Trustees, Primavera Foundation Armenia
10:00 - 11:00

Economy and financial system of Armenia: current challenges

Ararat Balroom

The growth rate of Armenia's GDP is slowing down (for 9 months of 2023 7.4% y/y compared to 12.7% in 2022), but still remains one of the highest among the CIS countries (second only to Tajikistan with an increase of 8.3%). How long will rapid GDP growth in Armenia last? Armenian banks earned record profits in 2022-2023, but the banking system remains, in the opinion of many, a bottleneck for economic development.

 

Invited to participate:

 

  • Ministry of Economics
  • Ministry of Finance
  • Central Bank of RA
  • Macro economists
  • TOP management of Armenian banks
Moderator: Karen Zakaryan, Executive Director, Financial Market Members Association FINARM
Rafayel Gevorgyan, Deputy minister, Ministry of Economy of the Republic of Armenia
Hovhannes Khachatryan, Vice-chairman, Central Bank of Armenia
Mesrop Hakobyan, Chairman of the Board, Unibank (Armenia)
Hayk Yeganyan, CEO, AMX
Grigori Zakaryan, Chief Investment Officer, Executive Board Member, ConverseBank (Armenia)
11:00 - 11:20

Keynote speech "HENDERSON - Business Transformation from a Private Company to IPO"&l

Ararat Balroom
Ruben Arutyunyan, Founder and Chairman of the Board of Directors, Henderson Fashion Group (HFG)
11:20 - 11:40

Cbonds - expanding horizons. NEW CHAT

Sergey Lyalin, Founder, Cbonds
Anna Doronina, Head of the Editorial Department, Cbonds
11:40 - 12:10

Coffee break

Foyer
12:10 - 13:00

Armenia as a financial hub: will Armenia become the Switzerland of the Caucasus?

Ararat Balroom

The geopolitical situation that has developed after 2022 has led to a change in the geography of capital flows. Traditional jurisdictions have become unacceptable or inaccessible for many investors, which has led to the need for the formation of new financial hubs. Yerevan, along with Almaty, has a chance to become one of these new financial centers for the CIS countries. Will it be possible to use this chance, and what is the strategy for the international development of Armenian brokerage companies?


Invited to participate:

 

• Armenian brokerage companies, asset managers

Moderator: Sergey Lyalin, Founder, Cbonds
Irina Bugdaeva, Director of Development, Meta-X Markets
Grair Sarkisyan, Head of Trading, Partner, Sirius Capital
Konstantin Polyak, Director, Toledo Capital
Evgeniya Sluchak, Director, ArmHedge Fund Services
13:00 - 14:00

Local securities market of Armenia: can we expect a boom in bond placements and IPOs?

Ararat Balroom

In 2023, the volume of the domestic corporate bond market in Armenia grew by 26% and came close to the USD 1 billion mark. The volume of the government bond market grew by 19% and exceeded $4.5 billion. The first IPO in many years took place - the telecommunications giant Telecom Armenia (TEAM) brought its shares to the stock exchange. A program has been launched to subsidize interest rates on bonds for companies in the non-financial sector, which may attract new issuers to the market.


Invited to participate:


• Representatives of the Stock Exchange
• Representatives of issuers
• Brokerage companies, investment banks

Moderator: Sergey Lyalin, Founder, Cbonds
Karen Mnatsakanyan, Chief Financial Officer, Team Telecom Armenia
Gevorg Manukyan, Vice President, Capital markets (CM) division, Ameriabank
Ararat Mkrtchqn, Managing Parner, Sirius Capital
Armen Arshakyan, Director for Economy and Finance, Electric Networks of Armenia
14:00 - 15:00

Lunch

15:00 - 16:00

Investment ideas in the securities market – Armenia, CIS, Global

The rise in interest rates in 2023 was an unexpected and not the most pleasant surprise for investors in debt markets. At the same time, the year was favorable for stock investors, the S&P 500 index rose almost 25%, as did most other stock indices. Now there is a trend towards a reversal and rates have gone down. Which instruments are the most promising and attractive at the moment?


Invited to participate:


• Securities portfolio managers for banks, brokers, investment and hedge funds

Moderator: Anastasiya Tarasova, Investor, independent financial advisor, the largest financial blogger in the CIS, Nastya Docs LLC
Alessandro Lombardo, Head of Client Relationship Department, Cbonds
Uliya Handoshko, CEO, Mind Money
Edgar Evoyan, CEO, ARFI
Artyom Zakaryan, Founder and Investment Director, Limitless Asset Management CJSC
Tigran Gevorgyan, Chief Investment Officer, Glocal Asset Management
16:00 - 16:40

IT solutions for infrastructure and stock market participants

Ararat Balroom

The trend towards digitalization of capital markets continues, and Armenian financial institutions are launching their digital platforms. What are the new trends in IT solutions, what new data providers and software solution developers are offering?


Invited to participate:


• Financial data providers
• IT solution developers
• Financial institutions

Moderator: Konstantin Vasilev, Partner, Member of the Board of Directors of Cbonds, Cbonds
Roman Solonin, Competence center manager, NABIX
Konstantin Vasilev, Partner, Member of the Board of Directors of Cbonds, Cbonds
David Davtyan, Head of Sales and Marketing Department, INCORE
Stefan Lucas, Founding CEO, FinTech Armenia
16:40 - 17:10

Coffee break

Foyer
17:10 - 18:00

Brave new “crypto world”: the role of cryptocurrencies in the financial system, development of the DFA (digital financial assets) market

Ararat Balroom

Bitcoin is no longer as volatile as it was several years ago, and in 2023 it has become an excellent investment tool, showing a 2.5-fold increase. Stablecoins (USDT, USDC and others) have become a convenient tool for international payments. In a number of countries, the development of digital financial assets markets (digital financial assets) - analogues of traditional financial instruments (shares, bonds, structured notes) carried out on blockchain platforms is taking place. DFAs differ from traditional financial instruments in their maximum flexibility and speed of issuance.

What impact will this have going forward and how will financial markets change in the coming years?

 

Moderator: Alexey Ilin, , Independent expert
Andranik Togramadzhian, CMO, SKYLABS TECHNOLOGY
Oleg Ushakov, CEO, SAGRADA LIGAL
Aleksandr Budarin, Head of Russia and CIS Fixed Income Department, Cbonds
Maxim Biryukov, Head of Research, Armbrok
18:30 - 22:00

Buffet and private screening of the play "Suitcase" at the Yerevan State Puppet Theater named after Hov. Tumanyan

4 Sayat-Nova Ave, Yerevan

6:30PM - 8:00PM - Cocktail Reception
8:00 PM - 10:00 PM - Theatrical Performance

22:30 - 02:00

Afterparty by Sirius Capital at Common Ground Books & Spirits

6 Marshal Baghramyan Ave

 

Join us for a cosmic odyssey aboard the Sirius spaceship with live music, wine, cognac, and a buffet.

Excursion in Armenia (15.03.2024)
09:00 - 21:30

The cost of the excursion is 35,000 drams, payment in cash in drams at the conference.

9:00 AM - 9:15 AM - Gathering at the entrance of the Marriott Hotel.

9:30 AM - Departure

10:40 AM - Arrival at Sagmosavank Monastery

12:30 PM - Late breakfast with a stunning view of the Casahskoe Gorge

2:45 PM - Etchmiadzin, monastery complex

4:30 PM - Voskeni winery, master class on making lavash, wine tasting, late lunch

9:00 PM- Return to the Marriot hotel

If you have an evening flight, please inform us in advance and we will order a taxi for you.

 

Sign up for the excursion: https://docs.google.com/forms