  Anelik Bank to increase credit portfolio by 40% in 2011 April 8, 2011 - 16:45 AMT PanARMENIAN.Net - Anelik Bank is going to increase its credit portfolio by at least AMD 11bln in 2011 to bring it to AMD 41.1bln. The bank’s credit portfolio amounted to AMD 29.7bln by the end of 2010 that is 21.6% higher compared to 2009, the bank press service reported. Along with intensification of lending to the real sector of economy, the bank is going to facilitate lending to individuals in 2011, head of the Lending Department of Anelik Bank Hayk Grigoryan said. The bank is going to simplify the process of lending through improvement of internal procedures, what is proved by students’ loans, which are confirmed within a day. Besides, the bank assets grew by 22.6% in 2010 amounting to AMD 60.1bln.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |
