Bank Anelik offers new type of deposit “reliable” by annual rate of 12.3%

YEREVAN, November 10. /ARKA/. Bank Anelik cjsc offers the depositors a new type of accumulative deposit “Reliable” by annual rate of 12.3% for dram deposits and 8.8% – for dollar deposits, press-service of the Bank informed ARKA News Agency.

According to the press-release, in contrast to other types of deposits where minimum amount is 100 thousand drams or its equivalent in foreign currency, by this type of deposit it is 40 thousand drams.

“Depositors, who have invested their money in deposit “Reliable” can any time deposit funds in any amount, withdraw funds or its part even before the contract term, keeping percent rates for the corresponding month”, said the Head of Advertisement and PR Department of the Bank Armen Arevyan.

Peculiarity of the deposit is that the depositors who invest money for one year and more and doubles the amount till 2/3 of the term mentioned in the contract, receive deposit at the end of the period, to the current rate of their contribution will add another 0.1% to the remainder of the term.

Arevyan added that the Bank allows its depositors to receive percents of the deposit on monthly basis or capitalize them, i.e. charge interest on interest.

All the depositors of the bank receive free plastic V ISA or MASTERCARD without payment service.

All deposits of physical entities of Bank Anelik are guaranteed by the Guarantee Fund of Deposits (4 million drams for dram deposits and 2 million drams only for foreign currency deposits).

Bank Anelik cjsc was established on July 9, 1990. It was registered on October 1, 1991 and in October 1996 the bank got general license of CB Armenia N9. Shareholders of the bank are CreditBank S.A.L. with the share of 51%, Samvel Chzmachyan – 12.25%, Armen Ghazaryan – 6% and Galina Voronina – 12.25%. ($1- 365.7 drams). G.K.–0–

Bank Anelik is the only bank in Armenia which has an affiliate bank “Anelik Ru” Ltd in Russia. The Bank cooperates with almost all international credit programs operating in the territory of Armenia. At present, the Bank has 12 branches in Armenia. –0–

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