Sat, 28 February
1.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Anelik Bank’s calendar the best in the banks’ competition

YEREVAN, February 23. /ARKA/. The 2015 calendar prepared by Anelik Bank was acknowledged to be the best at a competition held by the trade union of banks and credit organizations, the press office of the bank reported.

Some fourteen banks and one credit organization participated in the contest.

The diploma was handed to the winner on February 19 at an official awarding ceremony in the Central Bank of Armenia.

The head of PR at the bank Astghik Martirosyan said their marketing team had thoroughly worked over the calendar to summarize the history of money which was selected as a topic.

Anelik Bank established in 1990 is owned now fully by Lebanese CreditBank.

The bank’s assets grew last year by 45% to 87 billion drams, up from 60 billion drams in 2013; its liabilities grew by almost 55% to have reached 72.6 billion drams, while its loan portfolio surged by more than 50% to 58.6 billion drams. Net profit stood at 335.2 million drams against 1,444.2 million drams in loss in 2013. ($1 – 479.16 drams). –0–

spot_img

POPULAR

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

LATEST NEWS

spot_imgspot_imgspot_img