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Anelik System To Be Accessible To 10 Lebanese Banks Shortly

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  • Anelik System To Be Accessible To 10 Lebanese Banks Shortly

    ANELIK SYSTEM TO BE ACCESSIBLE TO 10 LEBANESE BANKS SHORTLY

    ArmInfo
    29.03.2010

    ArmInfo. The Anelik international money transfer system will become
    accessible at least to 10 Lebanese banks shortly, says Director
    General of CreditBank Rudolph Atallah in an interview with ArmInfo.

    Earlier in the middle of 2009 CreditBank acquired a 51pct stake in
    Anelik Bank.

    He said Credit Bank has not yet started working on Anelik system,
    but the process will be launched within the coming months. "We are
    currently studying the possibilities of applying Anelik system not
    only at CreditBank but also to propose the system to other Arab banks.

    Since Russia is the country of origin of the Anelik system, our
    colleagues from Anelik.RU, particularly Mrs. Galina Voronina, will
    travel to Lebanon to organize a special presentation of Anelik system.

    We have already launched negotiations with a number of Lebanese banks
    and will involve at least ten of them in the system shortly," Mr.

    Atallah says.

    He says that introduction of the Arab world to the new system will
    require a certain period of time. "We must benchmark the system first,
    then create the necessary awareness to its services and explain its
    advantages compared to other systems operating in Lebanon to the
    interested institutions. Anelik Bank has serious rivals on the local
    and regional markets, including the Western Union and MoneyGram
    systems. Since Western Union is not represented in Armenia, this
    could give us additional advantages," he says.

    From: Emil Lazarian | Ararat NewsPress
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