Ineco Bank is a commercial bank in Armenia that provides financial services to individuals and corporate clients. The Bank offers a wide range of banking products, including loans, deposit accounts, cash settlement services, as well as investment and digital solutions. Customers can apply for consumer loans, mortgages, credit lines, as well as use debit and credit cards of the ArCa, Visa and Mastercard payment systems.
The bank provides corporate finance management services for small and medium-sized businesses, as well as large companies. Clients can open checking accounts, receive business financing, and take advantage of business support programs. Business loan products include long-term investment loans, revolving loans, and other financial solutions tailored to companies’ needs.
The Bank is actively implementing digital technologies, simplifying access to financial instruments. Customers can manage their accounts and make payments through the InecoMobile mobile app, which allows them to make transfers, pay for services, and monitor financial transactions online. In addition, online banking provides enhanced opportunities for remote financial management without the need to visit branches.
On the official website inecobank.am currency exchange rates, information about deposits, loans and other financial products are available. The Bank also offers investment services and financial advice.
Founded on February 7, 1996 in Yerevan, Inecobank has been cooperating with international financial organizations since its inception. In 2015, the European Bank for Reconstruction and Development acquired 22.7% of the bank’s shares, and in 2018, part of the shares was transferred to agRIF cooperatief. In October 2019, Haik Voskanyan was appointed CEO of the bank. The Bank continues to develop financial technologies and expand the range of services offered.