Anelik Bank launches two new types of collateral loans

YEREVAN, March 25. / ARKA /. Anelik Bank has announced today two new, ‘flexible’ types of collateral loans ‘Gold Plus” and “Gold-Secured,” designed specifically for customers who wish fast and affordable solutions to their financial problems.

“Gold Plus” allow borrowers to get a loan worth 150 percent of the collateral’s value with a maturity of 12 months.

The second type of the loans allows borrowers to get an amount worth 110% of the collateral’s value with a maturity of 24 months. The maximum amount of the loan is up to 3 million Armenians drams or $7,500.

Astkhik Martirosyan, head of a bank unit in charge of public affairs, was quoted as saying in a press release that the bank continues to introduce new tools and improve current terms of lending by offering customers more affordable products.

“The purpose of Anelik Bank is to be closer to its customers. Very soon both individual and legal customers will find a bank tool that meets their desires best,” she said.

Anelik Bank was created in 1990 to handle financial flows between Russia and Armenia. In 2012 its 100 percent shares were acquired by Lebanese CreditBank SAL. -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 against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

Loans issued by Armenian commercial banks approached 8.9 trillion drams at the end of July

The volume of loans issued by commercial banks in Armenia as of the end of July 2026 amounted to 8,898,629 million drams, compared to 8,775,241 million drams at the end of June.

Armenian Genocide Museum-Institute Refurbished

With the support of the Stepan Gishyan Charitable Foundation, the Armenian Genocide Museum-Institute has received 120 radio guides and 45 new audio guides.

LATEST NEWS

spot_imgspot_imgspot_img