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.