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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–

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