Inecobank is a commercial bank in Armenia that provides a wide range of financial services to individuals, small and medium—sized businesses, as well as corporate clients. The Bank is actively developing digital solutions, offering its clients modern financial management tools.
For private clients, Inecobank offers a variety of products, including debit and credit cards of the ArCa, Visa and Mastercard payment systems. Customers can take advantage of various loan programs such as consumer loans, mortgages, and secured loans.
Small and medium-sized businesses, as well as corporate clients, can use account opening and management services, lending, as well as various investment products. Inecobank strives to support entrepreneurs by offering customized solutions.
One of the key areas of the bank’s activities is the development of digital services. The InecoMobile mobile app allows customers to make payments, transfers, and manage their accounts and cards online. This application combines the capabilities of the bank and provides users with access to a wide range of financial services in one place.
The history of Inecobank begins on February 7, 1996, when the bank was founded in Yerevan. Since its foundation, the bank has been actively cooperating with international financial organizations and establishing correspondent relations with the world’s leading banks. In 2015, the European Bank for Reconstruction and Development became a shareholder of Inecobank, acquiring 22.7% of shares, and in 2018, agRIF cooperatief acquired 10% of shares from IFC and DEG in a private transaction. In October 2019, Haik Voskanyan was appointed CEO of the bank.
