ArmInfo. ARARATBANK has replenished total capital by 8.5 bln drams due to issue of stocks. As a result the authorized capital of the bank has increased to 16.8 bln drams and total capital almost to 33 bln drams.

ArmInfo. Anelik Bank CJSC announces a successful completion of additional share emission. The complete new stock of 405.511 shares was placed through closed subscription. The Bank has attracted a new shareholder and increased its share capital by AMD 21.8 billion, the press- service of the bank informs. 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.

ArmInfo. In Jan-Sept 2016 the banking system of Armenia paid 27.9 bln AMD or $58.9 mln in taxes, 12.5% less than in Jan-Sept 2015. The share of direct taxes (including profit tax and income tax) was over 89% or 25.1 bln AMD, 13.1% less than in Jan-Sept 2015.  The share of commercial banks in the total amount of taxes paid by top 1000 taxpayers was 5.3%. The top 1000 taxpayers paid a total of 525 bln AMD ($1.1 bln) in taxes in Jan-Sept 2016.

ArmInfo. Anelik Bank announced the launch of "Premium" new loan product for employees of certain sectors, the press-service of the bank has told ArmInfo.

ArmInfo. By the end of 2016, the number of the Armenian banking market participants will be 17, i.e. the number will decline by 2 commercial banks. In October 2016, Areximbank-Gazprombank Group announced its withdrawal from the market. Its parental structure – the Russian Gazprombank - preferred to sell its subsidiary to Ardshinbank instead of undertaking capitalization, which was also done out of necessity to cover big losses. The Armenian Development Bank will also shortly be purchased by another quite active market player.  

ArmInfo.  Anelik Bank keeps expanding the spectrum of its retail services by offering a new product - "Fast Money" renewable loan. The Bank's press-office told ArmInfo, this is a renewable 6-month loan for 150,000 drams with a right of prolongation once in 6 months by as many months within up to 10 years.  The annual interest rate is 24%, with no income certificate required.  The cash is provided to the customer within 24 hours.

ArmInfo. Banks of Armenia continue intensive capitalization, while experts anticipate new mergers till the end of 2016. According to the data of Financial Ranking of Armenian banks prepared by ArmInfo only 7 banks out of 19 have so far met the the minimal capital requirement, which according to the CBA's decision must not be less than 30 bln drams starting from 2017.

ArmInfo.  The MasterCard and Maestro cardholders of Anelik Bank, who make noncash operations worth 8 thsd AMD and more from August 15 to November 15 and present 8 receipts to the Dalma Garden Mall and Yerevan Mall shopping and leisure centers, will receive movie tickets for two persons at Dalma Garden Mall and Yerevan Mall. The press office of Anelik Bank has told ArmInfo that the movies will be shown at the specified centers from Monday to Friday from 12:00 till 8 pm.

ArmInfo. Armenian banks paid 19.4bln drams taxes to the state budget in the 1st half of 2016, which is 13.7% lower than for the same period of 2015. Direct taxes (including profits and incomes taxes) amounted more than 90% or 17.4bln drams of total with a 15% decline year-over-year. According to the State Revenue Committee, 13 of the 19 operating banks were among top 100 biggest taxpayers in Armenia in the 1st half of 2016.  Top 5 taxpayer-banks were Ameriabank, VTB Bank (Armenia), Ardshinbank, ACBA-Credit Agricole Bank and Armbusnessbank, with four of them were among top 5 taxpayer-banks a year ago too. In the 1st half of 2016, the top 5 taxpayer- banks paid 10.1bln drams to the state budget (down 16.3% y-o-y), of which 9.3bln drams were direct taxes (down 16.8% y-o-y).   

ArmInfo. Anelik Bank has extended working hours till 7:45pm in Arabkir branch on weekdays, while the working hours on Saturday are between 10:00am and 2:00pm.

ArmInfo. Anelik Bank offers deposit safety boxes for rent at 3-fold cheaper price-5000 AMD instead of previous 15000 AMD. The press-service of the bank has told ArmInfo that the matter concerns small boxes of 8.5x30x50cm for a rent period between 91 and 180 days. The discount campaign was launched on August 1 and will last till September 30 inclusive.

ArmInfo. In the first half of 2016 the number of incoming transfers grew by 26% y-o-y amid growth of outgoing transfers by 41% y-o-y in Anelik Bank. The press-service of the bank has told ArmInfo that the highest growth was registered in transfers made in EUR and RUR.

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.

ArmInfo. Anelik Bank and Ria Money Transfers are launching a joint campaign on July 1 - the fee for money transfers from Armenia to Ukraine and Moldova is only 1% versus the previous 2-2.5%, the press office of the Bank has told ArmInfo.  

ArmInfo. Anelik Bank provides its clients with opportunity to refill their card/current accounts and pay off loans via EasyPay system. As the press-service of the bank informed ArmInfo, specialized technical system integration was conducted for this aim, due to which the clients will enjoy the benefits of the self-service in EasyPay payment system. From now on one can make operations at any time from any place where there is a payment terminal.

ArmInfo.  In Q1 2016, the bankingsystem of Armenia paid 9.3 bln AMD or $19.4 mln in taxes (4% lessthan a year before). Over 88% of this amount, or 8.2 bln AMD, was paid in direct taxes (including profit tax and income tax), 6% less than a year before. According to the Armenian State Revenue Committee, in Q1 2016 the top hundred taxpayers of Armenia included 13 out of the 21 banks (13 banks in Q1 2015). The top five taxpayers among the banks are ACBA-Credit Agricole Bank, Ardshinbank, VTB Bank (Armenia), Ameriabank and HSBC Bank Armenia (the same banks were also the top five in Q1 2015). In Q1 2016, these banks paid a total of 4.5 bln AMD in taxes (down 8% versus Q1 2015), including 4 bln AMD in
direct taxes (down 7% versus Q1 2015).

ArmInfo. In 2015, Anelik Bank increased the personal time deposits by 16% to 42 bln AMD, while the retail lending rose by 20% to 30 bln AMD. The press office of Anelik Bank has told ArmInfo that the total amount of time deposits grew by 7% to 45 bln AMD in 2015, while the total lending grew by 6% to 63 bln AMD.

ArmInfo. In Q1 2016 net profit of Armenia's banking system grew by 33% y-o-y to 3.1 bln AMD ($ 6.4 mln), but the role of profits from credits was not significant in ensuring it.  According to the Express Ranking of Armenian Banks prepared by the Agency of Rating Marketing Information (ArmInfo) this indicator grew due to mainly four banks, which demonstrated profits after registering tangible losses and ensured 2-4-fold y-o-y growth. 16 banks in total operated with profit in Q1 2016, 7 of which have worsened their financial result by 18-71%.

ArmInfo. Anelik Bank has launched a new service- "Transfer", renewable line of credit and a package of privileges for those bona fide clients who actively use systems of monetary transfers via Anelik-Transfer payment card, the press-service of the bank informed ArmInfo. 

ArmInfo. Anelik Bank is the first Armenian bank, which has joined Moneytun international system of money transfer, due to which USD transfers between Armenia and the USA can be conducted on more acceptable terms.