Anelik Bank’s deposit portfolio built up by 13.5% in 1st H 2016

22.07.2016 17:35
Anelik Bank’s deposit portfolio built up by 13.5% in 1st H 2016

YEREVAN, July 22. /ARKA/. Anelik Bank’s deposit portfolio grew 13.5% in the first half of 2016, compared with the same period a year earlier, reaching AMD 61 billion by late June, the bank’s press office reports.

Astghik Martirosyan, the bank spokesperson, said individuals’ deposits totaled AMD 47 billion in the first half of 2016 showing a 25.5% year-on-year growth.

In her words, the growth was due to some increase in the number of depositors and growth of the amount of deposits in the bank.

“Thanks to flexible and beneficial terms, our deposit products are very popular,” she said. “Especially the increase in individual deposits gives grounds for joy.”

Anelik Bank established in 1990 is owned fully by Lebanese CreditBank.

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.

The bank’s assets totaled AMD 93 billion and liabilities AMD 78.9 billion in the second quarter of 2016.

Its total capital amounted to 15.1 billion, authorized capital AMD 17.2 billion and credit exposure AMD 57.6 billion.

Anelik Bank sustained AMD 2.2 billion losses in the fist half of 2016. ($1 – AMD 476.56). -0----


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