About ARMECONOMBANK
ARMECONOMBANK is a company based in Yerevan (Armenia) founded in 1991. ARMECONOMBANK operates in a competitive market with competitors including Ameriabank, Scotiabank, Ardshinbank, InecoBank and Kreissparkasse Biberach, among others.
- Headquarter Yerevan, Armenia
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$10 M (USD), Debt – Convertible
May 15, 2019
-
Investors
FMO
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of ARMECONOMBANK
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Convertible — $10.0M
-
First Round
First Round
(15 Mar 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Convertible - ARMECONOMBANK | Valuation | FMO |
|
| Mar, 2019 | Amount | Debt – Conventional - ARMECONOMBANK | Valuation |
investors |
Investors in ARMECONOMBANK
ARMECONOMBANK has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include FMO and Invest in Visions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Development financing is provided for entrepreneurial ventures in emerging markets.
|
Founded Year | Domain | Location | |
|
Diversified investment management services are provided to clients internationally.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ARMECONOMBANK
Financial Statements - ARMECONOMBANK
Armeconombank Comparisons
Competitors of ARMECONOMBANK
ARMECONOMBANK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ameriabank, Scotiabank, Ardshinbank, InecoBank and Kreissparkasse Biberach, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial bank
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia by Ardshinbank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Armenia.
|
|
| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
|
Frequently Asked Questions about ARMECONOMBANK
ARMECONOMBANK was founded in 1991 and raised its 1st funding round 28 years after it was founded.
ARMECONOMBANK is headquartered in Yerevan, Armenia.
ARMECONOMBANK was founded in 1991 in Yerevan, Armenia, as a commercial bank within the financial sector. A variety of services, including deposit accounts, loan facilities, and payment processing, are extended to retail and corporate customers. Operations are primarily conducted across Armenia, with digital access facilitated through the domain aeb.am. The bank supports local economic transactions and adheres to standard regulatory frameworks in the region.
ARMECONOMBANK's top competitors include Ameriabank, Scotiabank and Ardshinbank.
ARMECONOMBANK has 2 investors. Key investors include FMO, and Invest in Visions.