YEREVAN, August 19. / ARKA /. Anelikbank has announced a new type of an open-end credit line in the amount of six average net monthly incomes of a client. The credit ceiling is 5 million drams or $15,000, the Lebanese-owned bank said in a press release.
It said also that it ‘constantly upgrades and develops its range of services, offering various banking instruments in order to meet the requirements of borrowers.”
According to Anelikbank press officer Astghik Martirosyan, this type of credit facility enables customers to take advantage of a grace period for non-cash transactions before the 15th day of the following month. She also said the lending process has been simplified.
“Taking into account the interests of the clients, the bank provides this type of line of credit not only to clients with positive credit histories, but also to those with no credit history. We believe that such benefits will cause great response among customers,» she said.
Anelikbank created in 1990 is owned now wholly by Lebanese CreditBank SA. -0-
