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Anelik bank intends to build up its deposit portfolio by 30% to AMD 26 billion this year

YEREVAN, March 5. /ARKA/. Anelik Bank is planning to enlarge its deposit portfolio by more than 30% this year to AMD 26 billion, the bank’s press office reported Monday referring to the information received from Harutyun Babayan, chief of the bank’s budgetary unit.
Individual deposits will dominate the bank’s deposit portfolio – they are expected to total AMD 23 billion by the end of this year after growing 28%, compared with the previous year.
Anelik Bank also intends to enlarge its loan portfolio by 20% to AMD 45 billion. The bank’s assets are planned to grow by 11% over the year.
Anelik Bank was established in 1990.
CreditBank S.A.L. holds 69.5% of the bank’s shares, 12.25% belong to Samvel Chzmachyan, 6% to Armen Ghazaryan and 12.25% to Galina Voronina.
Anelik Bank is the only bank in Armenia to have subsidiary in Russia. It is Anelik Ru.
The bank created its own payment system, Anelik, yet in 1997. The system is active in 63,000 outlets in 90 countries.
According to ARKA News Agency’s data, the bank’s assets totaled AMD 73.5 billion and liabilities about AMD 58 billion in late December 2011. Its total capital amounted to AMD 15.5 billion. The bank’s credit investments totaled AMD 39.5 billion and liabilities to clients exceeded AMD 35.9 billion in late Dec 2011. Anelik Bank earned AMD 145.9 million in profits in 2011. ($1- AMD 388.93). -0-

YEREVAN, March 5. /ARKA/. Anelik Bank is planning to enlarge its deposit portfolio by more than 30% this year to AMD 26 billion, the bank’s press office reported Monday referring to the information received from Harutyun Babayan, chief of the bank’s budgetary unit.

Individual deposits will dominate the bank’s deposit portfolio – they are expected to total AMD 23 billion by the end of this year after growing 28%, compared with the previous year.

Anelik Bank also intends to enlarge its loan portfolio by 20% to AMD 45 billion. The bank’s assets are planned to grow by 11% over the year.

Anelik Bank was established in 1990.

CreditBank S.A.L. holds 69.5% of the bank’s shares, 12.25% belong to Samvel Chzmachyan, 6% to Armen Ghazaryan and 12.25% to Galina Voronina.

Anelik Bank is the only bank in Armenia to have subsidiary in Russia. It is Anelik Ru.

The bank created its own payment system, Anelik, yet in 1997. The system is active in 63,000 outlets in 90 countries.

According to ARKA News Agency’s data, the bank’s assets totaled AMD 73.5 billion and liabilities about AMD 58 billion in late December 2011. Its total capital amounted to AMD 15.5 billion. The bank’s credit investments totaled AMD 39.5 billion and liabilities to clients exceeded AMD 35.9 billion in late Dec 2011. Anelik Bank earned AMD 145.9 million in profits in 2011. ($1- AMD 388.93). -0-

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