Monday, January 19 2015 20:28
In 2014 Anelik Bank registered net profit of 335bln AMD
ArmInfo. In 2014 Anelik Bank registered a net profit of 335bln AMD against losses in the previous two years, the bank's CEO Nerses Karamanukyan told journalists on Monday.
He said that in 2015 the bank is also planning a profit.
"Last year the bank was one of the fastest growing banks due to new approaches to lending and borrowing. We substantially enlarged our interest and non-interest revenues and cut our administrative costs," Karamanukyan said.
He said that the assets grew by 44.9% to 87bln AMD, the obligations by 54.6% to 72.6bln AMD, the loans by 50% to 58.6bln AMD.
"In 2014 we carried out a number of structural reforms. We opened a new retail banking branch and two new branches. This year we are also planning to open two branches and to introduce new our retail and corporate services," Karamanukyan said.
As of Jan 1 2015 Anelik Bank's capital made up 14.4bln AMD, authorized capital 15.3bln AMD, net profit 335mln AMD.
The sole owner of Anelik Bank is Credit Bank S.A.L. from Lebanon.
RUB
USD
EUR
GBP
CAD
JPY
CNY
CHF
Active consumer lending causes double-digit growth in bad loans 
Luys Foundation: Armenian government continues to face challenges in budget planning
Armenia`s brandy and winemaking industry in crisis - economist 
Even at embryonic stage, powerful impetus given to economic activity in energy sector - ENA acting manager 
Armenian NA OKs ENA nationalization 
China preparing to open new chapter of One Belt, One Road initiative with involvement of Armenia - diplomat 
The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Ticket packets 1.2% of total number of transport tickets in Yerevan