Thu, 26 February
10.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

Armenia’s Bank Anelik offering loans for gas tank installation in cars

YEREVAN, November 25. /ARKA/. Bank Anelik offers its clients loans for installing gas tanks in their cars, the bank’s press office reported. The decision to extend the loan is made within a working day after submission of the required documents, according to the report.

The loan is provided with no commission fee at a 22% interest rate per annum in drams and 16% in dollars. Maximum of 700,000 drams or $1,700 dollars is provided in loan. Applicants have to apply to Arabkir branch of the bank and submit their passports and technical passport for the cars only.
Bank Anelik has been always attaching importance to various instruments affordable for various social classes, first vice chairman of the bank’s board Karen Janinyan said.

Janinyan expressed hope clients will be more often using this loan due to the simplified procedure and few documents required.

Bank Anelik was established on July 9, 1990, and got registered on October 1, 1991.
In October 1996, the bank received its license from the Central Bank of Armenia.

Back in July 2009 CreditBank S.A.L., one of the leading Lebanese banks, obtained 51% of Bank Anelik’s shares.  CreditBank S.A.L. increased its share to 89.95% in 2012 and consolidated 100% of Bank Anelik’s shares in 2013.  -0–

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

LATEST NEWS

spot_imgspot_imgspot_img