Armenian Anelik Bank comments on revoking of Moscow-based Anelik. RU bank’s license

YEREVAN, August 9. /ARKA/. In a comment on a decision of the Central Bank of Russia to revoke the operating license of the Russia-based Anelik Ru Bank, the Armenian Anelik Bank said the Russian bank was founded as its subsidiary bank, but in 2012 it was sold and has not been its part since then.

It said also the decision of the Russian Central Bank to revoke the license of Anelik Ru bank is in no way connected with the operation of the Armenian Anelik Bank and does not affect the latter’s activities.
It said also the Armenian CJSC Anelik Bank and the Russian LLC Anelik.Ru bank are different legal entities with different shareholders. It also stressed that Anelik.Ru LLC ceased being a subsidiary bank of the Armenian Anelik Bank more than 5 years ago, retaining only part of its original name.

Besides, Anelik Bank CJSC has no relation to Anelik money transfer system, which was owned and operated by Anelik RU LLC. The Armenian Anelik Bank CJSC said also it is operating in the normal mode.

On August 9, the Central Bank of Russia revoked Anelik RU bank’s operating license ‘for numerous violations of the requirements of the legislation concerning fight against legalization (money laundering) of criminally obtained incomes and the financing of terrorism.’ It specified that the bank failed to provide complete and reliable reports to the authorized body concerning transactions which are subject to mandatory control.

The Russian Central Bank accused Anelik RU of being involved in dubious operations related to the withdrawal of money abroad and its cashing, as well as transit operations since the end of 2016.
Anelik RU commercial bank was established on the basis of a branch of Armenian Anelik Bank CJSC (Yerevan, Armenia) in 1990. It conducted all types of banking activities in Russia on the basis of license No. 3443 of December 4, 2003. On June 18, 2009 Anelik Bank CJSC (Yerevan, Armenia) became a subsidiary of Credit Bank SAL (Lebanon). The ultimate owner of LLC CB Anelik RU is Credit Bank S.A.L. (Lebanon).

The Armenian Anelik Bank CJSC was established on July 9, 1990, and registered on October 1, 1991. The Lebanese Credit Bank S.A.L. acquired its 51% stake in July 2009, becoming its major shareholder. In 2012, its stake grew to 89.95%, and in 2013 Credit Bank S.A.L acquired the total stake of Anelik Bank. Since 2016, it has two shareholders – FISTOCO LTD (59.7%) and CreditBank S.A.L. (40.3%.) -0-

spot_img

POPULAR

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.9 points on September 15, 2026, compared to September 14, to 364.18 drams.

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img