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Armenian Inecobank, Money Gram Launch Joint Campaign

YEREVAN, September 6. /ARKA/. Armenian Inecobank and Money Gram international payment system have launched a joint campaign, the bank’s press office reported on Monday.

A special card with a protective layer will be given to those clients transferring $200 to 999 or €200 or 999 between September 1 and December 31, 2010 in any branch of the bank through Money Gram system.

An instant bonus of AMD 3,000 can be won immediately upon removal of the protective layer from a special card.

Those clients transferring more than AMD 1 million will get two cards.

An extra card is intended for every additional $500 or €500.

Winners of instant bonus as well as those who don’t win it can take part in monthly drawings.

Winners of the monthly drawings can win AMD 200,000.
Inecobank cjsc was registered on February 7, 1996.

Inecobank was the first bank in Armenia to start serving trade in instalment.

Avetis Baloyan, with his 37.1% of Inecobank’s shares, Karen Safaryan with 33.2%, DEG (Deutsche Investititions-und Entwicklunsgesellschaft mbH), a member of KfW Group, with 13.5% of shares and IFC with 10% are among the bank’s shareholders.

Inecobank cooperates with European Bank for Reconstruction and Development, USAID, KfW, Black Sea Trade and Development Bank and other organizations.

The bank had ten branches by June 30. ($1= AMD 364.48)..-0–

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