Inecobank’s advanced digital banking solutions reflect the bank’s commitment to continuous innovation, accessibility, and customer convenience․

•  2023

Inecobank launched the Sprint Online Lending Platform, offering customers fast, user-friendly loan access anytime and anywhere - 24/7 - via sprintonline.am. 

• 2022 

Inecobank introduced Apple Pay for iPhone and Apple Watch users, providing a seamless, secure way to make non-cash payments worldwide. 
 

• 2021

Inecobank introduced the Paylater solution (BNPL) in Armenia, which enables customers to split payments with no additional fees.
 
The bank also introduced NFC-based contactless payment, allowing Android users to make fast, secure, and convenient transactions directly from their smartphones.  

• 2019

The bank launched the “Transfer to Card” feature, allowing InecoOnline and InecoMobile users to transfer funds from account to card and card to card within the ArCa partner network. 

• 2018

 Inecobank introduced InecoPay, becoming the first bank in Armenia to enable direct smartphone-based payments. 

• 2017

Inecobank launched 1-CLICK Loans, the first fully automated consumer lending service in Armenia, available 24/7 through mobile and online channels. 

• 2014 

The bank rolled out InecoMobile, the first mobile banking application in Armenia, which quickly became one of the leading financial apps in the country. 

• 2012 

Inecobank introduced InecoOnline, the first online banking platform in Armenia, making    24/7 banking services accessible to a broad range of customers.

• 2009

The bank became the first in Armenia to fully automate its Point-of-Sale Loan product-an industry-first innovation at the time-reducing loan processing times from several days to just minutes.

Having started with just one branch and a few loyal employees, we have grown into one of the leading innovative banks in the country, which provides more than 1000 jobs and is among the top taxpayers of Armenia.  

2025

MOODY’S Rating Affirmed 
Moody’s Investors Service affirmed Inecobank’s Ba3 rating for long-term bank deposits both in foreign and domestic currencies with stable outlook, capped by the sovereign rating. 

2023

MOODY’S Rating Upgrade 
Moody’s Investors Service upgraded the ratings of Inecobank from B1 to Ba3 for local currency long-term deposits and from B1 to Ba3 for long-term foreign-currency deposits. 

2019

MOODY’S Rating Upgrade 
Moody’s Investors Service upgraded the ratings of Inecobank from B1 to Ba3 for local currency long-term deposits and from B2 to B1 for foreign-currency long-term deposits. 

2018

MOODY’S Assigned B1 Ratings 
Moody’s Investors Service assigned the B1 local currency long-term deposit and B2 foreign-currency long-term deposit ratings to Inecobank CJSC. 

"Financial PR of the Year" AWARD 
Inecobank won "Financial PR of the Year" award at "Armenian PR Award 2018", organized by "Armenian PR Association" scientific-informational NGO․  

“TECHNOLOGY TRIUMPH” SILVER AWARD 

Inecobank won the Silver Award in the "Technology Triumph" nomination at "Euroasia's Financial and Banking Elite 2018" annual international award ceremony, organized by the "Financial & Banking Association of Euro-Asian Cooperation". 

“MOST INNOVATIVE PAYMENT SOLUTION - ARMENIA 2018” 
InecoPay won "Most Innovative Payment Solution - Armenia 2018" at Global Business Outlook Award. 

“BEST MOBILE BANKING APPLICATION - ARMENIA 2018” 
InecoMobile was awarded the first prize in the "Best Mobile Banking Application - Armenia 2018" nomination at Global Business Outlook Award.  

 

2016

BEST TRADE FINANCE PARTNER BANK 
Inecobank was announced as the "Best Trade Finance Partner Bank” by International Finance Corporation/IFC. 

 

2015

ACQUIRED 100% SHARES OF PROCREDIT BANK 
Inecobank acquired 100% of shares of ProCredit Bank CJSC Armenia. 

 

2014

ISO/IEC 27001 
The bank was awarded the ISO/IEC 27001 Information Security Management System Certificate. 

 

2012

AWARD BY GERMAN “COMMERZBANK" 
Inecobank received an award from German "Commerzbank" for high quality and proficiency of international transfers made through COMMERZBANK. 

 

2010

AWARD BY GERMAN “COMMERZBANK” 
The bank acquired a reward by German “Commerzbank” for excellent cooperation in the sphere of trade finance. 

 

2009

MOST ACTIVE ISSUING BANK OF ARMENIA 
Inecobank was recognized as the most active issuing bank by the European Bank of Reconstruction and Development (EBRD) within the scope of the trade finance project. 

 

2008

ISO 9001 standard

The Bank complied its activity with international standards of “ISO 9001” quality management system.

 

2008

RANKED THE 36TH PLACE AMONG 100 BEST MICROFINANCE ORGANIZATIONS 
According to the analysis performed by “MIX (Microfinance Exchange) 2008” INECOBANK CJSC ranked 36th place among 100 best microfinance organizations of developing countries. 

ISO 9001 standard 
The Bank complied with international standards of “ISO 9001” quality management system. 

 

2007

MOST ACTIVE BANK IN THE SPHERE OF TRADE FINANCE IN ARMENIA 
Inecobank was recognized as the most active bank in the sphere of trade finance in Armenia by the European Bank of Reconstruction and Development (EBRD). 

 

2005

WINNER OF “CORPORATE GOVERNANCE” AND “CONSUMER LENDING” NOMINATIONS 
“ArmInfo” news agency recognized INECOBANK as the winner of “Corporate Governance” and “Consumer Lending” nominations. 

 

2004

INCLUDED IN THE LIST OF 20 FASTEST GROWING BANKS IN CENTRAL EUROPE AND CIS 
According to the analysis of prominent “The Banker” magazine, INECOBANK was included in the list of 20 fastest growing banks in the Central Europe and CIS countries thus ranking the 1st place amongst the Armenian banks. 

 

2001

BEST DEALER IN THE RA DOMESTIC STATE DEBT 
Inecobank was distinguished as the best dealer in the RA domestic state debt management market by the RA Ministry of Finance and Economy and Central Bank of Armenia.