ArmInfo. Anelik Bank announced the start of the 2nd round of the contest "Corporate loans", within which an acceptable interest rate is offered by the client. As ArmInfo was told in the press service of the Bank, a loan application for participation in the contest must be submitted before October 25 this year. After that, the creditworthiness of the client is taken out, and in the case of a positive answer - approval of the loan, the bidder can before November 6 this year inclusive in a closed envelope to submit to the bank the preferred interest rate.
According to the source, on the day of announcement of the results of the second round, representatives of the Bank in the presence of bidders and other officials will open envelopes with the proposed interest rates, and indicating the highest bar will be recognized as winners. According to Anelik Bank, loans within the framework of this program are provided for a period of 60 months, in the amount of $ 50,000-250,000, at an annual interest rate starting from 7.7%, and the maximum bar will be established based on the proposals of the contest participants. The fund of the second round of the contest "Corporate loans" is $ 1 million, i.Ґ. in this amount in total, the Bank plans to place loans. "The start of the second round of the credit competition is due to the great interest of customers to such banking concept products." After the pilot round of the first round we received a large number of positive reviews, and a live broadcast of the results proved the openness and transparency of the competition, which prompted us to give the program a long The Bank, and this time for clients, did not establish any restrictions on the number of applicants and their areas of activity, only compliance of legal entities with the criteria of the competition is required " First Deputy Chairman of the Board of Anelik Bank, Director of Corporate Business Sergey Virabyan said.
Anelik Bank recalled that the first round of the contest "Corporate loans" was held from July 20 to August 20, and the results were directly broadcast on the Facebook page of the bank on September 4, 2017. Presented in the first round of the application, basically, were satisfied. The fund of the first round of the contest "Corporate loans" also amounted to $ 1 million.
According to the Financial Rating of Armenian Banks prepared by NA ArmInfo, the volume of credit investments of the Bank Anelik increased by 3.6 times in 2006 to 218.8 billion AMD, of which retail loans accounted for about 13% or 27.7 billion, and corporate loans - 86 % or 188.1 billion. Moreover, the bank provided such growth in credit investments due to a significant increase in the corporate portfolio (almost 6 times), sharply jumping up close to the top three leaders both in the general portfolio and corporate. This growth in the loan portfolio allowed the bank to increase assets in the reporting year by 3 times - to 283.5 million. As a result, the share of the loan portfolio in the structure of the bank's assets increased from 68% to 77%. Net profit of the Bank Anelik increased by 5.3 times in 2016 - to 1.2 billion. (The calculated exchange rate of the dram as of 31.12.2016 is 483.94 AMD/USD1).
Anelik Bank has been operating on 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).