Anelik banks wins place among top five Armenian banks

YEREVAN, August 4. /ARKA/. Anelik Bank in Yerevan said it has improved its position in the banking sector of the country and now in terms of key indicators is among the top five banks. According to an Anelik Bank press release, its assets in the first half of the year amounted to 308 billion drams, an increase of 9% when compared to the beginning of the year. The bank’s liabilities increased by 8.32% to 183.2 billion drams.

“One of the great achievements of the bank was winning a place among the top five banks in terms of profit, which in the first half of the year was 2.4 billion drams. We expect our second half profit to be even higher, “said the acting chairman of the Board of the bank Ruben Melikyan.

According to him, the achievement was due to the effective use of free funds and attraction of new customers.

At the same time, he recalled that in the second quarter Moody’s Investors Service assigned the Anelik Bank a rating of long-term deposits in drams and foreign currency at B2 level with a stable outlook.

Bank Anelik was founded in 1990. It is now owned by FISTOCO LTD – 59.7% and Lebanese CreditBank S.A.L. – 40.3%. -0-

spot_img

POPULAR

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Ranking of the Most Profitable Credit Institutions in Armenia for the First Half of 2026

ARKA News Agency publishes a ranking of the most profitable credit institutions in Armenia for the first half of 2026.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

LATEST NEWS

spot_imgspot_imgspot_img