Last update - 19.06.2018

INECOBANK CJSC was registered on February 7, 1996. RA Central Bank license № 68 of 07.02.1996.

Inecobank is a full-fledged member and shareholder of ArCa payment system, an affiliated member of MasterCard and Visa international payment systems, member of SWIFT system, NASDAQ OMX Armenia stock exchange, and international money transfer systems Unistream, Money Gram, Intel Express, Sigue and Converse Transfer.

The bank’s shareholders are Avetis Baloyan with 30% share, Karen Safaryan with 25.92%, EBRD International Finance Corporation with 22.70% and agRIF Cooperatief U.A investment fund with 10.01%. 

Inecobank has 24 branches in Yerevan, Abovyan, Artashat, Ashtarak,Hrazdan, Gyumri, and Vanadzor.

As of March 22, 2018, the number of employees is 822.

As of December 31, 2017, the total capital of the bank is AMD 48,243,043,000, assets – AMD 277,842,150,000, liabilities – AMD 229,599,107,000.

Chairman of the Board Avetis Baloyan
Chief Executive Officer Tigran Davtyan
Address 17 Tumanyan St., Yerevan, Armenia
Phone (010) 51 05 10
Fax (010) 51 05 73
Email [email protected]