Inecobank joins avers money transfer system

YEREVAN, June 11. /ARKA/. Inecobank joined AVERS money transfer system on June 10, the bank’s press office told ARKA News Agency today.

AVERS has 95,000 operating points in 81 countries, including Russia and other CIS countries, the United States, the United Kingdom, the Czech Republic, China, Spain, Israel and Switzerland.
Instant transfers are operated in Russian rubles, U.S. dollars and euros. Money can be sent directly to banking or card account of recipients.

Recipients can take their money without visiting the bank, just via Inecotransfer service from card accounts opened in Inecobank.

“Inecobank provide its clients with an opportunity to operate simple and available money transfers to various destinations via cooperation with large international money transfer systems in Armenia, such as Bystraya Pochta, Unistream, MoneyGram, Intel Express and Inter Express,” the press office says.

Inecobank was founded in 1996. Its goal is to foster development of the private sector through partnership with micro, small and medium companies and individuals.

Inecobank cooperates with more than 25 international financial organizations, such as the International Finance Corporation, Germany’s DEG, the European Bank for Development and Reconstruction and the Asian Development Bank. ($1 – AMD 411.94). —0—

spot_img

POPULAR

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img