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Inecobank Launches New Malatia Subsidiary

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  • Inecobank Launches New Malatia Subsidiary

    INECOBANK LAUNCHES NEW MALATIA SUBSIDIARY

    /PanARMENIAN.Net/
    27.07.2009 17:27 GMT+04:00

    /PanARMENIAN.Net/ Inecobank launched a new Malatia subsidiary at 39/3
    Raffi Str., Yerevan, Inecobank Pres Service reported.

    Public utility payments, money transfers, investments and other
    banking services can be effected at Malatia subsidiary.

    Inecobanks CJSC was established in 1996. During its activity,
    Inecobank CJSC has gained a reputation of secure and reliable bank
    with increasing profitability level and pace of development. The
    international shareholders of the Bank are IFC - 10% and DEG -
    13.5%. As of 31 March 2009: total capital - 9 357 105 thousand dram,
    the assets - 48 442 912 thousand dram, the liabilities - 39 085 807
    thousand dram.
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