Anelik Bank won't be renamedJuly 6, 2009 - 23:12 AMT PanARMENIAN.Net - Anelik Bank president Samvel Chzmachyan said the bank will not be renamed. "Anelik brand is very popular. A survey conducted in Moldova, Ukraine, Georgia, Uzbekistan and Tajikistan showed that it's the most known foreign bank throughout the CIS. It would be a mistake to lose a brand functioning in over 100 countries," he told a news conference after announcement of alliance with Lebanese Credit Bank SAL. Credit Bank general manager Tarek Khalife confirmed that the bank will not be renamed. "Anelik is developing and we believe in its future," he said. Presently, Anelik Bank ranks 5th in the Armenian banking system. 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 | 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. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |