ArmInfo. Anelik Bank has increased deposit portfolio in the first half of 2016 by 13.5% y-o-y ensuring an amount of more than 61 bln AMD as of July 1. The press-service of the bank has told ArmInfo that the private deposits have grown by 25.5% y-o-y to 47 bln AMD.
"Growth of deposit portfolio of the bank is determined by both introduction of new types of deposits and increase of the existing ones. Our deposit products due to dynamic and efficient conditions have great demand among the population. Growth of private deposits is especially satisfying as this testifies to high level of trust in the bank", PR Manager of Anelik Bank Astghik Martirosyan said.
According to the Ranking of Armenian Banks prepared by ArmInfo News Agency in the first half of 2015 Anelik Bank increased the portfolio of time deposits by 31.4% y-o-y and was the first by the growth rates of this indicator. The amount of private deposits grew by 35.5% y-o-y.
To note, the sole owner of Anelik Bank is Credit Bank S.A.L. (Lebanon), which increased its stake from 89.95% to 100% in Q4 2013.