Thu, 3 July
19.1 C
Yerevan
USD: 384.51 RUB: 4.89 EUR: 452.41 GEL: 141.37 GBP: 526.78

Anelik bank deposits grew by 7% in 2015 to 45 billion drams

YEREVAN, May 3. / ARKA /. Yerevan-based Anelik Bank said its deposits grew by 7% in 2015 from the previous year to 45 billion drams. A significant part of the deposits -42 billion drams- are private term deposits.

The figure was 16% higher from the previous year. The bank’s total loan portfolio in late 2015 stood at about 63 billion drams, an increase of 6% from 2014. Loans provided to private persons grew by 20% from 2014 to about 30 billion drams.

According to Anelik Bank press officer Astghik Martirosyan, the past year saw an increase both in loans and deposits.

“We are proud to say that our deposit products, thanks to the dynamic and profitable investment environment, are in great demand among the population. We are also delighted to see the growth of private deposits that indicates an increase in the level of customers’ confidence in the bank,” she said.
Anelik Bank established in 1990 is owned fully by Lebanese CreditBank S.A.L. -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia refrains from forecasting the exchange rate of dram for 2025

The Chairman of the Central Bank of Armenia Martin Galstyan declined today forecasts on the exchange rate of the national currency , the dram, against the US dollar for the next year and did not comment on the impact of the recent fluctuations of the Russian ruble.   

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img