Inecobank CJSC
Name: Inecobank CJSC
Shareholders: Baloyan A. - 30%, Safaryan K. - 25.92%, EBRD-22.7%, agRIF Coopeartief U.A - 10,01%
Address: 17 Tumanyan St., Yerevan
Phone: (+374 10) 510 510
Fax: (+374 10) 510 573
E-mail: [email protected]
Url: www.inecobank.am
 
History
 
 
 
Services
 
 
"INECOBANK" CJSC was registered on February 7, 1996 (banking license number 68 issued by the Central Bank of Armenia). INECOBANK’s Profile: * International audit: since 1998 (by KPMG) * First Armenian bank which introduced Point of Sales lending program * A member of the international S.W.I.F.T. payments system * A member of several international remittance systems including Money Gram, Migom, Contact and Fast Mail * A fully-fledge member and shareholder of the ArCa payments system * An affiliated member of the MasterCard international payments system
 
2015
 
 
 
2014
 
 
 
2013
 
 
 
2012
 
 
 
2011
 
 
 
2010
 
 
 
 
Assets
Liability
General capital
Profit/Loss
I Q II Q III Q IV Q
thousand drams change for quarter (%) annual change (%) system share (%) thousand drams change for quarter (%) annual change (%) system share (%) thousand drams change for quarter (%) annual change (%) system share (%) thousand drams change for quarter (%) annual change (%) system share (%)
 150265099
 -5.98
 15.54
 4.59
 151188684
 0.61
 13.59
 4.63
 158104621
 4.57
 20.20
 4.76
 236617574
 49.66
 48.06
 6.67
 123166294
 -7.89
 16.69
 4.42
 123398412
 0.19
 13.00
 4.46
 129042259
 4.57
 21.39
 4.60
 195894629
 5.23
 46.50
 6.56
 27098805
 3.83
 10.58
 5.57
 27790272
 2.55
 16.31
 5.53
 29062362
 4.58
 15.18
 5.68
 40722945
 40.12
 56.03
 7.25
 1010243
 -
 -9.48
 44.91
 2073513
 105.25
 -4.52
 25.50
 3348165
 61.47
 -4.39
 25.50
 4773107
 42.56
 -0.35
 26.15
Inecobank Brings Apple Pay to Customers2022-01-19 11:07:15 Inecobank Brings Apple Pay to Customers
Inecobank today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction
A new start at Inecobank’s most popular branch2021-12-28 17:29:36 A new start at Inecobank’s most popular branch
YEREVAN, December 28, /ARKA/. The Inecobank branch located in the very heart of the capital has reopened. From now on, the branch at 18 Abovyan St., loved by customers, will welcome its visitors in more comfortable conditions. Modernization of branches is one of the continuous initiatives at Inecobank aimed at perfecting the quality of customer service. In times of rapid development of digital banking, when only 10% of financial transactions are physically carried out in branches, financial advice through live communication continues to remain in demand by customers. Along with the development of online tools, Inecobank will continue the process of modernizing its branch network, providing all the necessary conditions for high-quality customer service. From now on, financial advice in the reopened branch will be available until 20:30, which will provide customers with additional convenience to visit the bank after working hours. And the self-service terminals located in the bank area will be available to customers 24/7 for making payments, withdrawals and account replenishment, providing additional flexibility for conducting banking transactions. Gevorg Mamikonyan, head of the bank's Personal Banking Department stated that the modernization and expansion of the branch network will be continuous for the convenience of each customer. "Although about 280,000 users carry out almost all their transactions through the InecoOnline system or InecoMobile application today, the most digital bank of Armenia will nonetheless be happy to see its customers in this reopened branch and to introduce all the financial solutions that will help them achieve their goals," Gevorg Mamikonyan noted. By the way, to make the upcoming holiday season warmer, customers visiting the branch at 18 Abovyan St. before the end of the year have the opportunity to become a Secret Santa for children who live in need in distant communities and dream of New Year miracles. Inecobank employees have been joining the World Vision Armenia donation campaign for four years incessantly, and this time the Bank calls on customers to take part in the initiative by donating money in boxes placed in the reopened branch, promising to complement the donations made by visitors here. -0-
Inecobank introduces BNPL, the latest trend in worldwide shopping, to Armenia2021-11-29 15:51:14 Inecobank introduces BNPL, the latest trend in worldwide shopping, to Armenia
Inecobank said today it launches paylater, bringing the worldwide practice of BNPL (buy now, pay later) to Armenia – enjoy the moment, the payment can wait.
EBRD provides US$ 5 million financial package to Inecobank to facilitate private sector’s transition to more sustainable, low-carbon and climate –resilient practices2021-09-30 17:33:42 EBRD provides US$ 5 million financial package to Inecobank to facilitate private sector’s transition to more sustainable, low-carbon and climate –resilient practices
The European Bank for Reconstruction and Development (EBRD) is providing a US$ 5 million financial package to Inecobank in Armenia to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices. The project is supported by the European Union (EU) with €523,000 of grant incentives, EBRD said today in a press release
IFC supports Inecobank to back Armenian smaller businesses AMID COVID-19 crisis2020-08-06 19:43:41 IFC supports Inecobank to back Armenian smaller businesses AMID COVID-19 crisis
IFC, a member of the World Bank Group, said it is providing a loan of $15 million to Inecobank to boost lending to Armenia’s micro, small, and medium enterprises (MSMEs), helping them address the challenges triggered by the COVID-19 outbreak
EBRD provides Inecobank with us$ 25 million loan to expand access to finance for Armenian businesses amid COVID-19 crisis2020-06-10 17:36:06 EBRD provides Inecobank with us$ 25 million loan to expand access to finance for Armenian businesses amid COVID-19 crisis
The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million loan to InecoBank, a longstanding partner bank in Armenia, for extending support to private companies that have been affected by the economic impact of the coronavirus pandemic