July 6, 2009 - 15:51 AMT
CBA has registered a new Inecobank subsidiary, Malatia
Central Bank of Armenia, in accordance with CBA President Arthur Javadyan's resolution, has registered a new Inecobank subsidiary, Malatia, CBA press service reported.

During its activity, Inecobank CJSC has gained a reputation of secure and reliable bank with increasing profitability level and pace of development. The international shareholders of the Bank are IFC - 10% and DEG - 13.5%.

As of 31 March 2009: total capital - 9 357 105 thousand dram, the assets - 48 442 912 thousand dram, the liabilities - 39 085 807 thousand dram.