Monday, 6 July 2009
RA Prime Minister Tigran Sargsyan received a delegation led by Lebanese Kreditbank board chairman Tarek Khalife. In attendance were Anelik Bank board chairman Hakob Gasarchean and head of managing board Samvel Chezmachyan.
The Lebanese Kreditbank has acquired 51% stake in Anelik Bank. With such an important injection of resources, Anelik Bank CJSC will become one of 5 major banks of Armenia to strengthen its long-standing leading position in the domestic financial market.
Greeting the guests, Prime Minister Tigran Sargsyan said to be highly appreciative of this significant influx of funds into Armenia’s banking sector, and noted that this is a proof of high confidence in Armenia’s banking system owing to its resistibility to emergency situations.
The Lebanese side thanked the Prime Minister for his government’s banking sector development-oriented policy and expressed conviction that the mutually advantageous Lebanon-Armenia-Russia interaction will help build up the Bank’s potentiality over the next few years and increase investment into social and economic sectors.
