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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

LATEST NEWS

spot_imgspot_imgspot_img