What Does Inecobank CJSC Do?

Total employees761
HeadquartersYerevan
Founded1996

Inecobank CJSC is one of the leading banks in the South Caucasus region, renowned for its focus on digital innovation and customer-centric financial services. Established in 1996 in Yerevan, Armenia, Inecobank provides a comprehensive suite of banking products to individual and corporate clients, including deposits, loans, payment cards, international money transfers, and advanced digital banking platforms. The bank has pioneered numerous digital solutions in Armenia, such as fully online customer onboarding and a feature-rich mobile banking application, aiming to make financial management simple, accessible, and convenient for all its customers.

Where Is Inecobank CJSC's Headquarters?

HQ Function

The headquarters houses the core administrative, strategic planning, operational management, and technological development divisions of Inecobank, overseeing all national banking activities and policy implementation.

Notable Features:

A modern banking facility equipped with advanced technology to support its digital-first strategy. It includes customer service centers and corporate offices designed for efficiency and collaboration.

Work Culture:

Inecobank fosters an innovative, dynamic, and customer-oriented work environment. There is a strong emphasis on digital transformation, teamwork, continuous learning, and professional growth within the financial services industry.

HQ Significance:

The Yerevan headquarters is vital to Inecobank's operations across Armenia, representing its commitment to the local economy, its leadership in the nation's financial sector, and its drive towards digital banking excellence.

Values Reflected in HQ: The headquarters' design and operations aim to reflect Inecobank's core values: Innovation (through integrated technology), Customer-Centricity (via accessible and efficient service areas), Transparency (in its modern and open design), and Professionalism (a high-standard environment for employees).

Location:

While Inecobank CJSC's primary operations are concentrated in Armenia, it actively facilitates international financial transactions for its clientele. This includes services such as international money transfers through systems like SWIFT, Ria, MoneyGram, and Unistream. The bank maintains correspondent relationships with numerous international financial institutions and issues globally accepted payment cards (Visa, Mastercard, American Express). Additionally, Inecobank supports international trade finance for businesses and offers services to non-resident customers, connecting Armenia to the global financial network.

Street Address:

17 Toumanyan Street

City:

Yerevan

State/Province:

Yerevan

Country:

Armenia

Where Else Does Inecobank CJSC Operate Around the World?

Yerevan, Armenia

Address: 34/3 Arshakunyats Ave, Yerevan Mall, Yerevan

To offer convenient banking access to residents and visitors in the Shengavit district and Yerevan Mall, enhancing customer reach in a key commercial hub.

Gyumri, Armenia

Address: 50/4 Victory Ave, Gyumri

To serve the financial needs of the population and enterprises in Gyumri and the surrounding Shirak Province, contributing to regional economic development.

Vanadzor, Armenia

Address: 34 Tigran Mets Ave, Vanadzor

To provide essential financial services and support economic growth in Vanadzor and the wider Lori region.

Buying Intent Signals for Inecobank CJSC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Inecobank CJSC? Meet the Executive Team

As of April 2025, Inecobank CJSC' leadership includes:

Hayk Voskanyan - Chief Executive Officer
Levon Rubinyan - Deputy CEO, Chief Financial Officer
Artem Chichyan - Deputy CEO, Chief Risk Officer
Ashot Arsenyan - Deputy CEO, Chief Retail Banking Officer
Arman Gevorgyan - Chief Information Officer
Aren Vatyan - Chief Operating Officer

Who's Investing in Inecobank CJSC?

Inecobank CJSC has been backed by several prominent investors over the years, including:

Avetis Baloyan (Major Shareholder)
Karen Safaryan (Major Shareholder)
European Bank for Reconstruction and Development (EBRD)
agRIF Coöperatief U.A. (managed by Incofin Investment Management)

What Leadership Changes Has Inecobank CJSC Seen Recently?

Hire1
Exits0

In the past year, Inecobank CJSC has focused on strengthening its leadership team with strategic appointments such as a new Chief Operating Officer to enhance operational efficiency. No prominent executive departures have been publicly reported during this period.

New Appointments:

Aren Vatyan, Aren Vatyan appointed as Chief Operating Officer and Member of the Management Board to oversee and optimize bank operations.

What Technology (Tech Stack) Is Used byInecobank CJSC?

Discover the tools Inecobank CJSC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Inecobank CJSC Email Formats and Examples

Inecobank CJSC typically utilizes standard professional email formats for its employees. The most common format combines the employee's first name and last name, separated by a dot, followed by the company's domain.

firstname.lastname@inecobank.am

Format

name.surname@inecobank.am

Example

80%

Success rate

What's the Latest News About Inecobank CJSC?

inecobank.amMay 17, 2024

Inecobank CJSC News: Inecobank honored with Visa Europe Star award

Inecobank was recognized with the Visa Europe Star award for its outstanding contribution to the development of digital payments and innovative financial solutions in Armenia....more

arka.amApril 26, 2024

Inecobank CJSC News: Inecobank's net profit in Q1 2024 grew by 35% to AMD 3.7 billion

Inecobank CJSC reported a significant 35% year-on-year increase in its net profit for the first quarter of 2024, reaching AMD 3.7 billion. The bank also demonstrated growth in its assets and loan portfolio during this period....more

banks.amFebruary 2, 2024

Inecobank CJSC News: Aren Vatyan appointed Member of Management Board-Chief Operating Officer of Inecobank

Aren Vatyan has been appointed as a Member of the Management Board and Chief Operating Officer (COO) of Inecobank, bringing extensive experience to further strengthen the bank's operational capabilities and strategic initiatives....more

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