Yerevan/Mediamax/. Anelik Bank credit portfolio increased by AMD 8.7bln in 2011 having made AMD 38.3bln which exceeds the 2010 index by about 30%.

On the whole, the volumes of business lending have been increased and a broad assortment of credit products for individuals have been simultaneously offered –car credits, credits for purchasing goods on loan, mortgage, student and other types of consumer loans.

In particular, business lending increased by 21% - the volume of car crediting increased by about AMD 1bln as compared to 2011, the volume of mortgage lending increased by AMD 1.3bln having made AMD 2.4bln. Other types of consumer crediting also registered growth.

Substantial advancement in the sphere of student loans was registered in 2011: 300 student loans were particularly issued in the accounting period.

“Growth registered in almost all the credit products bears witness to effective credit policy pursued by the bank which places special attention to the marketing policy and research of the demand on the market. In 2012, new flexible credit products are planned to be introduced which will enable the bank’s customers to realize their ideas and plans”, noted Head of the Credit Department of “Anelik Bank” CSJC Hayk Grigoryan. --0--