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

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

LATEST NEWS

spot_imgspot_imgspot_img