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Tag: ProCredit Bank

Incecobank denies concerns of some parliament members

Banks
The Armenian Incecobank has denied today concerns of some parliament members that its accusation of 100% shares of ProCredit Bank will result in massive layoffs

Procredit bank’s team to work for Inecobank

Banks
Taron Ganjalyan, executive director of Inecobank, which bought 100% of ProCredit Bank’s shares on Thursday, told journalists that the ProCredit Bank’s team will continue working

Inecobank purchases 100% of ProCredit Bank’s shares

Banks
Inecobank has bought 100% of ProCredit Bank, a subsidiary of ProCredit Holding AG & Co. KGa A

Gunman attacks ProCredit Bank’s office in Armenia’s capital

Banks
A gunman with sports cap rushed into ProCredit Bank's office in Yerevan's Komitas Street on Tuesday and, turning his gun on the bank officers, took around 16,000 US dollars and 1,300,000 Armenian drams ($2,700) from there, according to shamshyan.com

Rumor going around about Inecobank’s intention to buy Procredit bank denied by both banks

Banks
The rumors going around about Inecobank's intention to buy ProCredit Bank have been denied by both banks

Armenia-based Procredit Bank adds AMD 2.5 billion to its authorized capital

Banks
Armenia-based ProCredit Bank has built up its authorized capital by AMD 2.5 billion

ProCredit bank’s outstanding loan portfolio amounts to more than $82 million in late 2012

Banks
ProCredit Bank’s outstanding loan portfolio amounted to more than $82 million, and deposits totaled about $38 million in late 2012, the press office of the bank reported on Tuesday

Procredit bank to build up its business lending portfolio to $96.5 million in 2012

Banks
ProCredit Bank intends to build up its business lending portfolio from present $54.5 million to $96.5 million in 2012, Asmus Rotne, executive director of the bank, said Tuesday at a news conference.

Procredit bank in Armenia to take up more dynamic and aggressive strategy

Banks
ProCredit Bank in Armenia will implement a more dynamic and aggressive strategy, Ghristoph Freytag, chairman of ProCredit Holding, said today.

ProCredit Bank accumulates a customer base of more than 11,500 individual and legal entities in three years

Banks
ProCredit Bank accumulates a customer base of more than 11,500 individual and legal entities in three years.

Procredit Bank offer new type of loans for small and medium businesses

Banks
Procredit Bank offer new type of loans for small and medium businesses

Central Bank of Armenia registers new branch of Procredit Bank

Banks
Central Bank of Armenia registers new branch of Procredit Bank

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