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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

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.

LATEST NEWS

spot_imgspot_imgspot_img