Anelik Bank launching second stage of lending for corporate clients with tender interest rate

YEREVAN, October 4. /ARKA/. Anelik Bank is embarking on the second stage of the program of lending for corporate clients with a tender interest rate, the press office of the bank reported on Tuesday.

In July, Anelik bank is the first bank in Armenia to offer a lending product with a tender interest rate to corporate businesses.

The sizes of the loans range from $50,000 to $250,000. The loans are provided for 60 months at a 7.7% minimum annual interest rate, and maximal rates are determined by tender participants.

The bank intends to lend $1 million at the second stage.

To take part in the program it is necessary to submit a loan application to the bank before October 25, 2017. It is also necessary to match the solvency criteria set by the bank, to have a good credit history and to propose a preferred interest rate in a closed letter.

Anelik Bank CJSC was established on July 9, 1990 and registered on October 1, 1991.

In July 2009, Credit Bank S.A.L., one of Lebanon’s largest banks, bought 51% of Anelik Bank’s shares and became its general shareholder. In 2012, the share of CreditBank S.A.L. in Anelik Bank grew to 89.95%, and in 2013, it became the sole shareholder.

Today the bank’s stocks are owned by FISTOCO LTD – 59.7% and “CreditBank S.A.L.” – 40.3%. –0—

spot_img

POPULAR

ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

LATEST NEWS

spot_imgspot_imgspot_img