History of the Bank

“Anelik Bank” CJSC was founded in 1990 August 1, by enterprises and organizations of Light Industry as a Shareholding Commercial Bank. In 1996 the shareholding commercial bank “Anelik” was registered (License #9 of the Central Bank of the RA) and since then has been operating as “Anelik Bank” Limited Liability Company. In 2007 “Anelik Bank” LTD was reorganizaed into Closed Joint Stock Company. “Anelik Bank” CJSC is a universal commercial bank, which has an active participation in the social-economical area of the country.

1995-1996

• were the years when the Bank overcame the economic crisis;
• the Bank was included in the lending program of “Eurasia Foundation”.

1997-1998

· were the years of restructuring and stabilization;
· The bank was included in the lending program of the World Bank
· Cooperation with Linsi foundation

1999

· The bank was included in the lending program of the German-Armenian Foundation
· The bank was included in the lending program of the International Organization of Migration

2000

· the Bank was awarded the prize of the Government of the RA for the high quality
of provided services;
· the Moscow Branch of “Anelik Bank” Co. LTD received the License from the Central Bank of the Russian Federation;

2001

· the Bank became a member of the S.W.I.F.T. system;
· the Bank became the shareholder of “Armenian Card” Company;
· the Bank was awarded the Gold Medal of the Society for Encouragement of National Producers of France.
· The bank was included in the lending program of the Organization of Marketing assistance of the Agrodepartment of the USA.

2002

· The Bank was included in the lending program of the European Bank for Reconstruction and Development

2003

· Opening of “Arabkir” Branch of the Bank;
· The bank became a member of “MasterCard International” payment system;
· Registration of “Anelik Ru” LTD Subsidiary Commercial Bank by CB of RF;
· Cooperation with USA International Development Agency.

2004

· Opening of “Nor-Nork” Branch;

2005

· Lending Agreement with Commerzbank under guarantee of KfW
· Organization of the II International Conference on remittances (Yerevan).
· Acquisition of new building for Gyumri branch.

2006

· Opening of “Shengavit” branch of the Bank
· Opening of Etchmiadzin branch of the Bank
· The Bank was awarded the prize of the Citibank
· The bank was awarded the prize of the Armenian Deposit Guarantee Fund
· Organization of the 3^rd international Conference on money transfers (Yerevan)
· In Fevruary the Bank became a full member of VISA International system

2007

· Cofinancing loan agreement was signed with the European Bank for Reconstruction and Development for granting large/major loans.
· Loan agreement on crediting micro, small and medium sized businesses was signed with the European Bank for Reconstruction and Development.
· A new agreement was signed with the “Rural Finance Facility” agency based on the World Bank financing with the purpose to implement a loan program stimulating agricultural activity.

2008

· Opening of Vanadzor branch of the Bank (c. Vanadzor).
· Opening of Davtashen branch of the Bank (c. Yerevan).  

2009

· The Bank attracted an institutional shareholder in the person of CreditBank S.A.L. of Lebanon.

2011

· Opening of Sevan branch of the Bank (c. Sevan).

· Opening of Baghramyan branch of the Bank (c. Yerevan).

· Opening of new Head Office of Anelik Bank CJSC (c. Yerevan) -

Anelik Bank CJSC - 13 Vardanants str., Yerevan - New address new opportunities.