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

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

LATEST NEWS

spot_imgspot_imgspot_img