Armeconombank Launches 24-Hour Information System

ARMECONOMBANK LAUNCHES 24-HOUR INFORMATION SYSTEM

ARKA
Oct 3, 2008

YEREVAN, October 3. /ARKA/. Armenia’s Armeconombank is the first to
initiate round-the-clock information system in Armenia.

The system provides full information about the bank’s services,
the bank’s official website says.

Calling the operators, customers can get information about the bank’s
tariffs and services, as well as check their accounts. The bank
also provides information about the working hours and addressees of
its branches.

Registered on August 26, 1991, Armeconombank is run by the European
Bank for Reconstruction and Development (25% + one share) and the
SIL Concern (53.4%) owned by the Sukiasyans.

As of June 30, the bank’s capital and assets totaled 8.5bln drams
and 47.9bln drams respectively. The first-half net profit reached
244.7mln drams. Armeconombank has 46 branches in Armenia and Karabakh.

According to ARKA, the bank ranks 7th in terms of assets and
attracted deposits. Armeconombank ranks 8th in terms of loans and
total capital. ($1 – 303.2 drams).

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