In 2011 Anelik Bank recorded significant increase in terms of almost all indicators

24.02.2012 13:54
In 2011 Anelik Bank recorded significant increase in terms of almost all indicators

YEREVAN, February 24, /ARKA/ In 2011 Anelik Bank recorded a significant growth in terms of almost all indicators, Babik Najaryan, deputy board chairmanб told ARKA. He said the largest growth was registered in the number and volume of deposits.

More specifically, the amount of deposits attracted last year surged by more than 12 billion drams, of which 10 billion drams were individual deposits. In 2011 the bank provided loans equivalent to $70 million, the bulk of which were business loans.

“But despite these figures, the bank closed the year with a small profit, which was due to some problems of our partners. Because of that the bank had to make unplanned redundancy. However, we hope to resolve this problem in 2012-2013,’ he said, adding that after eliminating these setbacks the bank will earn higher returns.

Anelik Bank was founded in 1990. Some 69% of its shares is owned by Lebanese CreditBank S.A.L., Samvel Chzmachian owns 12.25%, Armen Kazarian -6% and Galina Voronina-12.25%.

O December 31, 2011 its total assets were worth 73.5 billion drams, liabilities stood at 58. billion drams, the total capital was 15.5 billion drams, credit investments stood at 39.5 billion drams and deposits at over 35.9 billion Drams. In 2011 the bank earned 145.9 million drams in net profits. In 1997 it created Anelik money transfer system that is available now in 90 countries. -0-


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