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—
