Anelik bank to focus on introduction of IT solutions

YEREVAN, December 20. /ARKA/. The Yerevan-based Anelik Bank is currently working on the development of medium-term and long-term strategic plans, with the focus being on introduction of IT solutions and the expansion of ties with the Diaspora, Anelik Bank Board Chairman Vartan Dilanyan said today.

On November 11 Anelik Bank increased its authorized capital by 21.8 billion drams. Vartan Dilanyan was said to have acquired 60% of the bank while the remaining 40% continue to belong to the Lebanese Credit Bank S.A.L.

“We will stake on the introduction of IT solutions. For this we need to do a lot, but the banking world is changing dramatically, and our task is to ensure that all the best existing international practices, including those from the Russian market, are exported to the Armenian market “, – Dilanyan told a press conference in Yerevan.

Dilanyan also noted that as a representative of the Russian Armenian Diaspora he sees a clear perspective for cross-border flows of businesses, finance and money that can operate successfully in the Armenian banking system.

“People want to do business with Armenia; in Armenia, people want to help their families, and it is not only the question of remittances but also of a whole range of products that can be put on the market, and taking into account consumer sentiment one can build a successful and long-term growth model” , – he said.

“We understand that $50 million investments should make the bank progressive and customer-oriented aimed at long-term successful development,” – he stressed.

According to him, the decision to invest in the homeland is prompted by the sound Armenian banking system, and good growth prospects, which are mutually beneficial both for the country, for major shareholder and customers.

Vartan Dilanyan was born in 1971 in Moscow. He graduated with honors from the Moscow State Institute of International Relations (MGIMO) and the Moscow Skolkovo School of Management. In 2008-2011 he held various management positions at Binbank. In 2008 he was appointed President of Binbank. Since 2011 he worked with consulting firm Accenture PLC. He is currently the head of the mission of Accenture PLC (part-time), and the branch manager of Accenture Technology Ventures.

Anelik Bank was founded in 1990. In 2012 it was entirely acquired by Lebanese Credit Bank S.A.L. -0-

spot_img

POPULAR

Armenian commercial banks transferred 116.2 billion drams to the state budget for January-June 2026

All 17 operating commercial banks in Armenia were included in the list of the country's 1,000 largest taxpayers for the first half of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

LATEST NEWS

spot_imgspot_imgspot_img