Tue, 1 July
25.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

Anelik Bank offers new deposit service to its individual clients

YEREVAN, November 24. /ARKA/. Anelik Bank has offered a new deposit service, DISCOUNT, to individuals, as part of its service package expansion policy, the bank’s press office reported.

The new service gives depositors a chance to get the full interest paid in the beginning, while placing money on their deposit account.

The respective interest rate is 13.18% per annum and the minimum deposit amount is 100,000 drams or an equivalent in USD, according to the report.

The bank is focused on offering more convenient products to its clients, head of public relations at the bank Astghik Martirosyan said. The bank is trying to provide the entire range of banking services having in mind the current demand on the market, she said.

The report also says these depositors are entitled to a free ArCa, MasterCard or Visa depending on the amount deposited.

Anelik Bank was established on July 9, 1990 and registered on October 1, 1991. In October 1996, the bank got its license from the Central Bank of Armenia. Anelik Bank’s shares belong to Lebanese CreditBank.

The bank’s assets totalled about AMD 73.3 billion as of the end of September 2014 (a 22.11% growth from the beginning of the year) and liabilities were AMD 59.7 billion (a 27.16% growth). Its capital amounted to 13.6 billion (a 3.97% increase) and loan portfolio AMD 48 billion (a 24.4% growth). ($1- 418.40 drams). –0–

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img