Anelik Bank entered TOP-5 of Armenia`s banking system in terms of net profit

ArmInfo. Anelik Bank improved  its positions by the main indicators, and in terms of net profit  entered TOP-5 - 2.4 billion AMD for the first half of 2017. The press  service of the Bank informed ArmInfo.

According to the source, for the first half of this year Anelik Bank  increased its assets by 9.1% to 308 billion, liabilities to customers  increased by 8%, amounting to 183.2 billion.

"I would like to note that our biggest achievement is that the Bank  is included in the TOP-5 banks of Armenia, including in terms of  profit. We envisage that the profit in the second half of the year  will exceed the figures for the first half of the year. We managed to  achieve such successes due to effective management of available funds  and attraction of high-quality clients. The second quarter was also  marked by the fact that Anelik Bank was assigned an international  rating agency Moody's with a rating of with a forecast of  "Stable", noted Acting Chairman of the Board of the Bank Anelik Ruben  Melikyan.

Bank Anelik functions in the market since October, 1996. After the  additional share issue in November 2016, the membership of the Bank's  shareholders changed - the entry of the Cypriot company FISTOCO LTD  with a stake of 59.68% reduced the share of the former shareholder  represented by the Lebanese Bank CreditBank S.A.L from 100% to  40.32%. Indirect majority shareholders are physical persons: Tarek J.   Khalefe (CreditBank S.A.L) and Vartan Dilanyan (FISTOCO LTD).