Thursday, July 21 2011 18:29
Anelik Bank ensures 67% annual growth in portfolio of individuals' deposits
ArmInfo. Over the first half-year 2011 versus first half-year of 2010, Anelik Bank increased its credit portfolio by 35% to 35.4 bln AMD. The press service of Anelik Bank told ArmInfo that over the first half-year of 2011 considerable growth was ensured for all the main indices.
The amount of the bank's assets annually increased by 26% to 63.25 bln AMD by 1 July 2011. Over the first half-year 2011 alone the growth of assets exceeded 3.5 bln AMD, whereas in the same period of 2010 it made up 1.46 bln AMD.
According to the source, over the first half-year 2011 the credit portfolio of the bank increased by 5.7 bln AMD versus 1.6 bln AMD over Jan-June 2010.
The bank's portfolio of deposits annually grew by 27% to 15.2 bln AMD, and by 26.7% - since the beginning of 2011. The source says that Anelik Bank fixed a considerable growth in individuals' deposits - by 67%. Thus, if over Jan-June 2010 the portfolio of individuals' deposits increased by 1.1 bln AMD to 8.5 bln AMD, over Jan-June 2011 it rose by 3 bln AMD to 14.2 bln AMD.
To recall, Anelik Bank CJSC was founded on 9 July 1990, registered on 1 October 1991, and provided the Central Bank's genera; license in October 1996. In mid 2009 the Lebanese Credit Bank acquired 51% of Anelik Bank's shares.
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