Inecobank launches new Malatia subsidiary

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.