ArmInfo. Anelik Bank switches to a client- oriented model of growth, New Chairman of Anelik Bank Council Vartan Dilanyan informed at the press conference on December 20.
''We certainly first of all want Anelk Bank with its image of stable bank and conservative policy to be also a client oriented bank. Clients' convenience, diversity of products and simplicity of using them are the core element and competitive advantage, based on which we will build our client-oriented model of growth'', he said. According to Dilanyan in nowadays conditions Anelik Bank has an opportunity in Armenia to become one of the leading financial institutions. ''We have ambitious plans, we are optimistic about future and currently we are working on a profound plan of strategic development'', he noted.
According to Dilanyan the new strategy envisages expanding banking services for retail clients in order to attract young generation and progressive entrepreneurs to the Bank. ''We are oriented on progressive groups of Armenian society'', he stressed. At the same time the new shareholder informed that within mid-term and long-term tasks it is planned to introduce modern IT solutions. "Our task is to introduce best international practice in the Armenian banking market", he said. Among long-term goals Dilanyan mentioned work on making Anelik Bank a center of servicing flows between various branches of Armenian diaspora, including in Russia and CIS.
Dilanyan explained his decision to become a shareholder of the Bank with a combination of factors, the bank's quality and negotiations with shareholders. "Usually, having a foreign investor demonstrates that the bank adheres to quite conservative methods of management and this is an important factor for me", he added. At the same time Armenian Central Bank's policy aimed at maintaining stability in the banking sector also influenced the decision to invest in the banking sector of Armenia, Dilanyan noted.
"I think we will be able to build a successful long-term model of growth. The bank has a quite ambitions task. Due to $50 mln investments we will make the bank a progressive and client-oriented financial institution aimed at long-term successful development", Chairman of Council of Anelik Bank V. Dilanyan stressed. To recall, Anelik Bank CJSC announced in the beginning of November that it has replenished its authorized capital by AMD 21.8 billion to 39bln drams due to placing 405.511 shares through closed subscription. As a result the bank's total capital increased to 36.7 bln drams (from previous 14.9 bln drams as of October 1). These shares were purchased by Cyprus FISTOCO LTD, the share of which in the bank's capital totals 59.68%, as a result the share of previously sole shareholder Lebanese Bank CreditBank S.A.L decreased from 100% to 40.32%. Tarek J. Khalefe (CreditBank S.A.L) and Vartan Dilanyan (FISTOCO LTD) are indirect majority shareholders. The shareholders brought together a new Council of the Bank comprising experienced and senior market professionals. Vartan Dilanyan (Managing Director of "Accenture" Ltd) became the Chairman of the Council. The Board of the bank did not face any changes and is head by Nerses Karamanukyan.
