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

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img