Anelik Bank offers new type of deposits – Beneficial

YEREVAN, May 14. /ARKA/. Anelik Bank offers a new type of deposits, Beneficial, to individuals, the bank’s press office told ARKA News Agency on Tuesday.

This deposit is remarkable for the opportunity given to depositors to get their total interests immediately after they deposit their money.

The money is accepted for one year. The minimal amount is AMD 100,000, $200 or €200.
The bank will pay 12.99% annual interest rate for deposits in drams, 8.11% in dollars and 5.26% in euros.

For comparison, interest rates on ordinary deposits in drams, dollars and euros in Anelik Bank are 11.5%, 7.5% and 5% respectively.

Depositors may get also ArCa, Cirrus/Maestro and MasterCard for free, depending on how much they deposited.

Armen Arevyan, chief of Anelik Bank’s PR and marketing division, said the bank pays special attention to modernization of its products, taking into account market demand.

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

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

Lebanese CreditBank holds 89.95% of Anelik Bank’s shares, and the remaining 10.05% belong to Samvel Chzmachyan, the chairman of the bank’s board. -0—

spot_img

POPULAR

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

Central Bank of Armenia continued its rate hike amid prevailing inflation risks – Galstyan

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.

Central Bank of Armenia has tightened liquidity requirements for banks, taking into account the risk of large outflows of funds – Galstyan

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img