InecoBank

InecoBank
CJSC
Industry Banking, Financial services
Founded 1996
Headquarters Yerevan, Armenia
Number of locations
23 branches (2017 [1])
Key people
Tigran Davtyan (CEO)
Products Credit cards, consumer banking, corporate banking
Total assets
Total equity
Owners
  • Avetis Baloyan(30.00%)
  • Karen Safaryan(25.92%)
  • EBRD(22.70%)
Number of employees
822 (2017 [1])
Website www.inecobank.am

InecoBank is a banking corporation in Armenia. The InecoBank bank was established in 1996. In 2015 InecoBank acquired 100% of shares of ProCredit Bank Armenia CJSC. In 2016 it introduce INECOONE system, which allows to transfers money using receiver's phone number. As of 2017 the bank was 5th biggest bank Armenia by assets.[1][2][3]</references> In February 2018, InecoBank appointed 2018 Tigran Davtyan as the company Chief Executive Officer.[4]

See also

References

  1. 1 2 3 4 5 6 7 KPMG (February 2018). "Armenian Banking Sector:2017 4th Quarter Results" (PDF). KPMG. Retrieved 27 June 2018.
  2. "Inecobank announces placement of USD-denominated bonds to the tune of $5 million". ArmBanks.am. Retrieved 2018-06-28.
  3. "Legelata advises agRIF Cooperatief U.A of the Netherlands in acquisition of stake in Inecobank cjsc of Armenia". ArmBanks.am. Retrieved 2018-06-28.
  4. "Tigran Davtyan appointed Inecobank CEO". news.am. Retrieved 2018-06-28.
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