Tue, 13 January
1.1 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Anelik Bank opens new branch in Yerevan district

YEREVAN, September 3. / ARKA /. Anelik Bank has opened today a new branch office in Malatia-Sebastia administrative district of Yerevan.

Speaking at the opening ceremony, bank’s board chairman, Nerses Karamanukyan said they expect the new branch to have many customers as the district has a population over 155 thousand people.
“Anelik Bank is one of the oldest banks in Armenia with a good reputation earned by high level services,’ he said.

This is the sixth branch of the bank in the capital city apart from the head office and another six branches in the provinces.

“We are planning to open another branch in another densely populated district of Yerevan this year,” he said.

The new branch in Malatia-Sebastia will provide the full package of banking services for both corporate and individual clients

Anelik bank was founded in 1990. It is now fully owned by Lebanese CreditBank.
As of June 30 the bank’s assets amounted to 69.2 billion drams, a 15.3% rise form the beginning of the year, its liabilities stood at  56.9 billion drams (a growth of 21.3%), capital- at 12.3 billion drams (a decline of 6.2%) and credit investments at 47 billion. drams (a 21.9% growth ). ($ 1 – 411.29 drams). M.M.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img