ArmInfo. INECOBANK has joined the Anelik international money transfer system. The press service of the Bank has told ArmInfo that the Anelik system operates in 63,000 service points of almost 100 countries via 500 banks. For the moment, the system is dynamically developing in Russia and the

ArmInfo. INECOBANK has joined the Anelik international money transfer system. The press service of the Bank has told ArmInfo that the Anelik system operates in 63,000 service points of almost 100 countries via 500 banks. For the moment, the system is dynamically developing in Russia and the

ArmInfo. INECOBANK has joined the Anelik international money transfer system. The press service of the Bank has told ArmInfo that the Anelik system operates in 63,000 service points of almost 100 countries via 500 banks. For the moment, the system is dynamically developing in Russia and the

ArmInfo. The World Savings Day is marked on October 31. In this context, Armenia launched a project in October to raise the public awareness of the financial field. According to the World Bank, 66% of Armenia's citizens save money and only 6% of them trust their savings to the banking syst

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. Over Jan-Sept 2013, 10 banks have found themselves among the top 100 largest taxpayers of Armenia. The top five of them includes HSBC Bank Armenia, VTB Bank (Armenia), ACBA-Credit Agricole Bank, Ardshininvestbank and Ameriabank. The State Revenue Committee of Armenia reports that ov

ArmInfo. Inecobank has signed a $10mln five-year credit agreement with the Development Bank of Austria (OeEB). The press service of the bank reports that the money will be spent on loans to SMEs. "I am happy to inform that our relations with the Development Bank of Austria have been streng

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. Inecobank has signed a $10mln five-year credit agreement with the Development Bank of Austria (OeEB). The press service of the bank reports that the money will be spent on loans to SMEs. "I am happy to inform that our relations with the Development Bank of Austria have been streng

ArmInfo. INECOBANK and Asian Development Bank (ADB) have signed a $10 million credit agreement for SME finance, INECOBANK press-service told ArmInfo. To upgrade the efficiency of lending procedures, ADB will provide also technical support to INECOBANK. Shannon Seet, an investment specialist

ArmInfo. The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a USD 5 mln loan aimed at providing further support to small and medium enterprises in the country, the press service of INECOBANK told ArmInfo. "We are glad to expand our cooperation with INECOBANK, which is

ArmInfo. The European Fund for South Eastern Europe (EFSE) - initiated by KfW Development Bank (KfW) with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission - signed a EUR 5 million senior loan with Inecobank in Armenia

ArmInfo. INECOBANK and Asian Development Bank (ADB) have signed a $10 million credit agreement for SME finance, INECOBANK press-service told ArmInfo. To upgrade the efficiency of lending procedures, ADB will provide also technical support to INECOBANK. Shannon Seet, an investment specialist

ArmInfo. The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a USD 5 mln loan aimed at providing further support to small and medium enterprises in the country, the press service of INECOBANK told ArmInfo. "We are glad to expand our cooperation with INECOBANK, which is

ArmInfo. The European Fund for South Eastern Europe (EFSE) - initiated by KfW Development Bank (KfW) with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission - signed a EUR 5 million senior loan with Inecobank in Armenia

ArmInfo. Commerzbank AG (Germany) has given an award to INECOBANK for the high quality of international payments made via Commerzbank AG in 2012. The press service of INECOBANK has told ArmInfo that 98% of the transfers made via Commerzbank AG meet the STP international standards. To no

ArmInfo. Commerzbank AG (Germany) has given an award to INECOBANK for the high quality of international payments made via Commerzbank AG in 2012. The press service of INECOBANK has told ArmInfo that 98% of the transfers made via Commerzbank AG meet the STP international standards. To no

ArmInfo. Commerzbank AG (Germany) has given an award to INECOBANK for the high quality of international payments made via Commerzbank AG in 2012. The press service of INECOBANK has told ArmInfo that 98% of the transfers made via Commerzbank AG meet the STP international standards. To no

ArmInfo. In Q2 2013 consumer lending regained the biggest share in the lending portfolio of Armenia's banks. In Q4 2012-Q1 2013 the leader was industry. According to ArmInfo's Ranking of Banks of Armenia, as of June 2013 consumer lending made up 359bln AMD ($875.8mln) or 21.1% of all loans. I