Lebanese CreditBank AAL consolidated 100% of Armenian bank Anelik’s shares

YEREVAN, October 8. /ARKA/. Lebanese CreditBank AAL consolidated 100% of the shares of Bank Anelik closed joint stock company. The respective statement was made at the official ceremony of inauguration of Nerses Karamanukyan as the new chairman of the bank’s board Monday.

Earlier Lebanese CreditBank that held 89.95% of the stock obtained the remaining 10.05% from former chairman of board of Bank Anelik Samvel Chzmachyan who currently heads the Union of Banks of Armenia.

It is already five years that CreditBank AAL made up its mind to come to the Armenian financial market, the chairman of the board of Bank Anelik Hakob Kasarjyan said. In seeking the best option we have had both success and problems due to the global crisis, he said.

Kasarjyan expressed confidence that headed by Nerses Karamanukyan Bank Anelik will have substantial achievements and will contribute to the development of Armenian banking system and economy.

CEO of CreditBank AAL Freddy Zrey, in his turn, said Bank Anelik is one of the oldest banks in Armenia enjoying public confidence.

“Having become the full owner of Bank Anelik, we will do our best to ensure its development”, he said.

The new chairman of the bank’s board Nerses Karamanukyan said the bank intends to intensely develop in all directions and capitalize all achievements made over the last years.
Bank Anelik cjsc was founded on July 9, 1990, and received its general license from the Central Bank in October 1996.  –0–

spot_img

POPULAR

Euro ups against Armenian dram, as  US dollar and Russian ruble fall

YEREVAN, August 10. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market, fell by 0.29 points on August 10, 2026, compared to August 7, to 365.88 drams.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img