Sat, 6 September
31.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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 the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img