Armenian banks pay 9.7 bln drams taxes to state budget for Q1 2015
 Monday, May 4 2015, 21:26

Armenia's banking system paid 9.742 bln drams taxes (including 8.681 bln drams income and profit taxes) to the state budget in Q1 2015, which is by 9.2% more than a year ago. According to the State Revenue Committee of Armenia, top 100 taxpayers for Q1 2015 include 13 out of 12 operating banks (versus 11 in Q1 2014). 

 Tuesday, April 14 2015, 17:38
Ishkhan Mkhitaryan: Armenian Card ready for technological leap in credit card market
 Tuesday, March 24 2015, 09:18


ArmInfo interview with Ishkhan Mkhitaryan, Chief Executive Officer, "ARMENIAN CARD" ("ARCA") National Payment System.

INECOBANK joins another system of money transfers - TANDEM
 Wednesday, March 11 2015, 15:02
ArmInfo. INECOBANK's network of money transfers is joined by another system TANDEM. INECOBANK's press service told ArmInfo the transfers via TANDEM system are possible in terms of USD, EUR, RUR, and AMD and become available to recipients in a couple of minutes. The maximum size of a money transf
Over past 4 years INECOBANK received USD 50mln loans from Symbiotics and ResponsAbility to finance micro business
 Friday, December 26 2014, 17:14


ArmInfo. Over the past 4 years INECOBANK received USD 50mln loans from Symbiotics and ResponsAbility funds to finance micro business. The Bank's press service has told ArmInfo that Symbiotics and ResponsAbility have provided INECOBANK with new credit resources, which will also be spent on micro business financing.

AmRating: Many Armenian banks face a serious test as Central Bank of Armenia requires banks to meet a new lower limit of total capital by 2017
 Saturday, January 17 2015, 13:27
ArmInfo. As the Central Bank of Armenia requires the banks to meet a new lower limit of total capital by 2017, many Armenian banks face a serious test, the analysts of AmRating national rating agency have told ArmInfo's correspondent. AmRating experts believe that the CBA's decision on increase
Over past 4 years INECOBANK received USD 50mln loans from Symbiotics and ResponsAbility to finance micro business
 Friday, December 26 2014, 17:14


ArmInfo. Over the past 4 years INECOBANK received USD 50mln loans from Symbiotics and ResponsAbility funds to finance micro business. The Bank's press service has told ArmInfo that Symbiotics and ResponsAbility have provided INECOBANK with new credit resources, which will also be spent on micro business financing. "The new funds will expand the Bank's possibilities to finance the private sector of Armenia's economy.

INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME
 Saturday, December 20 2014, 18:08
ArmInfo. On December 19, INECOBANK received the first US$5mn tranche under the US$10mn loan agreement with EBRD. The bank is expected to finance renewable energy sector and small and medium-sized enterprises (SME). According to INECOBANK press-service, the first tranche will be on-lent to compan
INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME
 Saturday, December 20 2014, 18:08
ArmInfo. On December 19, INECOBANK received the first US$5mn tranche under the US$10mn loan agreement with EBRD. The bank is expected to finance renewable energy sector and small and medium-sized enterprises (SME). According to INECOBANK press-service, the first tranche will be on-lent to compan
INECOBANK and Rostelecom issue a joint credit card for Rostelecom subscribers
 Thursday, October 16 2014, 15:59
ArmInfo. INECOBANK and Rostelecom have issued a joint credit card allowing the Rostelecom subscribers to use a credit line on favorable terms. The press service of INECOBANK has told ArmInfo that the favorable terms concern the interest rate, 40% discount at over 100 partner outlets of trade and
INECOBANK and Rostelecom issue a joint credit card for Rostelecom subscribers
 Thursday, October 16 2014, 15:59
ArmInfo. INECOBANK and Rostelecom have issued a joint credit card allowing the Rostelecom subscribers to use a credit line on favorable terms. The press service of INECOBANK has told ArmInfo that the favorable terms concern the interest rate, 40% discount at over 100 partner outlets of trade and
Habitat for Humanity Armenia with the support of INECOBANK repairs entrances of apartment house in Yerevan's Shengavit community
 Friday, October 17 2014, 19:05
ArmInfo. Habitat for Humanity Armenia with the support of INECOBANK has repaired the entrances of an apartment house in Yerevan's Shengavit community. The press service of INECOBANK reports that the repair was part of the program to support condominiums in improving residential areas. The pr
INECOBANK and Rostelecom issue a joint credit card for Rostelecom subscribers
 Thursday, October 16 2014, 15:59
ArmInfo. INECOBANK and Rostelecom have issued a joint credit card allowing the Rostelecom subscribers to use a credit line on favorable terms. The press service of INECOBANK has told ArmInfo that the favorable terms concern the interest rate, 40% discount at over 100 partner outlets of trade and
INECOBANK issues Priority Card for those loving to travel
 Tuesday, September 23 2014, 18:27
ArmInfo. INECOBANK has issued a Priority Card for those loving to travel. The press service of the bank reports that the card has a number of advantages, particularly, 90-day travel insurance and membership to Priority Pass, a system available at 600 airports in more than 100 countries.
INECOBANK issues Priority Card for those loving to travel
 Tuesday, September 23 2014, 18:27
ArmInfo. INECOBANK has issued a Priority Card for those loving to travel. The press service of the bank reports that the card has a number of advantages, particularly, 90-day travel insurance and membership to Priority Pass, a system available at 600 airports in more than 100 countries.
INECOBANK issues Priority Card for those loving to travel
 Tuesday, September 23 2014, 18:27
ArmInfo. INECOBANK has issued a Priority Card for those loving to travel. The press service of the bank reports that the card has a number of advantages, particularly, 90-day travel insurance and membership to Priority Pass, a system available at 600 airports in more than 100 countries.
ACBA-Credit Agricole Bank launches ACBA Business Partner Loan+ service for legal entities
 Thursday, June 26 2014, 17:06
ArmInfo. ACBA-Credit Agricole Bank has launched an ACBA Business Partner Loan+ service. The press service of the Bank has told ArmInfo that this service is for the legal entities, which have business loans in other banks and credit companies but at the same time need new funds without spending a
INECOBANK offers SMEs easy loans with holidays on interest
 Tuesday, June 24 2014, 20:14
ArmInfo. Within the frames of the Easy Loans campaign, INECOBANK offers the SME borrowers to switch from other banks to INECOBANK and to get holidays on interest. The press service of the Bank has told ArmInfo that the campaign will be launched on 1 July 2014 and will last till 31 Dec 2014
ACBA-Credit Agricole Bank launches ACBA Business Partner Loan+ service for legal entities
 Thursday, June 26 2014, 17:06
ArmInfo. ACBA-Credit Agricole Bank has launched an ACBA Business Partner Loan+ service. The press service of the Bank has told ArmInfo that this service is for the legal entities, which have business loans in other banks and credit companies but at the same time need new funds without spending a
INECOBANK offers SMEs easy loans with holidays on interest
 Tuesday, June 24 2014, 20:14
ArmInfo. Within the frames of the Easy Loans campaign, INECOBANK offers the SME borrowers to switch from other banks to INECOBANK and to get holidays on interest. The press service of the Bank has told ArmInfo that the campaign will be launched on 1 July 2014 and will last till 31 Dec 2014


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