Sat, 7 February
1.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Anelik Bank’s simple and fast loans may be formalized in all branches in Yerevan

YEREVAN, February 14. /ARKA/. Formalization of Anelik Bank’s Simple and Fast loans will be available in all its branches in Yerevan, the bank’s press office told ARKA News Agency on Thursday.

The bank started extending this new type of loans in December 2012, and taking into account a high demand for this loan, it decided to formalize this loan not only in its Baghramyan and Arabkir branches, as it was initially, but also in Shengavit, Center, Nor-Nork and Davitashen.

Armen Arevyan, chief of Anelik Bank’s marketing and public relations division, said those residents of apartment blocks in Yerevan who want to borrow money quickly and without any red tape and proof of income, can do it.

The size of the loan ranges from AMD 500,000 to AMD 5 million or the amount in foreign currencies equal to it.

“No papers showing income are needed for that. Borrowers just need to pledge their immovable property and get their money very soon,” Arevyan said adding that the bank makes its decision in 18 working hours after receiving necessary.

Anelik Bank was established on July 9, 1990, and registered on October 1, 1991.

In October 1996, the bank received its license from the Central Bank of Armenia.

CreditBank holds 89.95% of the bank’s shares and the remaining 10.05% belong to Samvel Chzmachyan, chairman of the bank’s board. ($1 – AMD 406.74). -0–

spot_img

POPULAR

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

LATEST NEWS

spot_imgspot_imgspot_img