Armenia’s Bank Anelik to join AVERS

YEREVAN, July 4. /ARKA/.Bank Anelik will join AVERS international money transfer system on July 7, the bank’s press office reported.

The bank’s clients will be able to send and receive money through remittances to/from over 30 countries, in US dollars, Russian rubles and euros, at lower rates starting from 1%, according to the report.

The bank’s PR officer Astghik Martirosyan said the bank is expanding the list of its money transfer partner systems and joins AVERS now.

At the end of May the bank received a promising partner certificate from AVERS, which proves there is mutual trust between the bank and the money transfer system, she said.

The bank’s clients can make remittances through MONEYGRAM, ANELIK,  INTELEXPRESS and TANDEM as well.

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–

The bank’s assets were 63.65 billion drams as of April 1, 2014; liabilities were 51.1bln drams, loan investments 42.8bln drams and capital was about 12.6bln drams. Net loss of the bank amounted to 503.3 million drams in the first quarter, which is an increase of 35.34% compared to Q1 2013. ($1=407.99drams). –0–

spot_img

POPULAR

IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri.

Investment portfolio of Armenian credit organizations totaled 99.70 billion drams at the end of the third quarter

As of September 30, 2026, the aggregate investment portfolio of Armenian credit organizations stood at 99.70 billion drams, according to data from an ARKA news agency bulletin.

Rate.Trading: Large Transactions with Digital Management of Exchange Rate Risks

Buying real estate often involves various logistical considerations.

Armenia may gain access to $25 million from the IMF in December under a Stand-By Agreement (SBA) and up to $262 million under a...

An IMF team has reached a staff-level agreement with the Armenian authorities on the completion of the second review under a three-year Stand-By Agreement (SBA), as well as on a new, parallel program: the Resilience and Sustainability Facility (RSF).

acbaSplit: Acba Bank launches a new payment service

Acba Bank has launched "acbaSplit," a service that allows customers to make purchases of up to 5 million Armenian drams (AMD) with the option to pay in installments.

LATEST NEWS

spot_imgspot_imgspot_img