Anelik Bank is planning to significantly increase its profits in 2016
09.02.2016,
15:59
Anelik Bank is planning to significantly increase its profits in 2016, Ruben Melikyan, Chief Financial Officer of the Lebanese-owned bank and a member of its Board, said in an interview with ARKA news agency.
YEREVAN, February 9. /ARKA/. Anelik Bank is planning to significantly increase its profits in 2016, Ruben Melikyan, Chief Financial Officer of the Lebanese-owned bank and a member of its Board, said in an interview with ARKA news agency.
Melikyan said in 2015 Anelik Bank's net profit more than doubled to 734 million drams and the bank plans to register growth also in terms of assets, lending and other major indicators.
"Although the global economy is not experiencing strong growth, Anelik Bank has sufficiently optimistic forecasts and despite the presence of external challenges, the Armenian economy and the financial system of the country show a relative stability,’ he said.
The banker stressed that the past year was quite difficult for the international and financial markets, which could not fail to affect the Armenian economy as well.
Anelik Bank established in 1990 is owned fully by Lebanese CreditBank S.A.L. In 2015 its assets grew by 5.5% from 2014 to 91.87 billion drams; its liabilities rose by 2.75% to 74.6 billion drams; its total capital surged by almost 20% to 17.2 billion drams; its authorized capital grew by 12.3% to 17.18 billion drams and its lending grew by 5.3% to 61.7 billion drams. ($ 1 - 494.63 drams). -0-
Melikyan said in 2015 Anelik Bank's net profit more than doubled to 734 million drams and the bank plans to register growth also in terms of assets, lending and other major indicators.
"Although the global economy is not experiencing strong growth, Anelik Bank has sufficiently optimistic forecasts and despite the presence of external challenges, the Armenian economy and the financial system of the country show a relative stability,’ he said.
The banker stressed that the past year was quite difficult for the international and financial markets, which could not fail to affect the Armenian economy as well.
Anelik Bank established in 1990 is owned fully by Lebanese CreditBank S.A.L. In 2015 its assets grew by 5.5% from 2014 to 91.87 billion drams; its liabilities rose by 2.75% to 74.6 billion drams; its total capital surged by almost 20% to 17.2 billion drams; its authorized capital grew by 12.3% to 17.18 billion drams and its lending grew by 5.3% to 61.7 billion drams. ($ 1 - 494.63 drams). -0-