ARMECONOMBANK

Yerevan, Armenia Founded: 1991 • Age: 35 yrs
Commercial banking services are offered in Armenia since 1991.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $10 M (USD), Debt – Convertible

    May 15, 2019

  • Investors
    FMO

    & 1 more

  • Employee Count
    Not available
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Funding Insights of ARMECONOMBANK

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
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Diversified investment management services are provided to clients internationally.
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Investor details for ARMECONOMBANK

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Investments & Acquisitions by ARMECONOMBANK

Investments
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Investment portfolio details for ARMECONOMBANK

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Financial Statements - ARMECONOMBANK

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Detailed financials for ARMECONOMBANK

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  • Profit trends
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Armeconombank Comparisons

ARMECONOMBANK Primary company
Description
Commercial banking services are offered in Armenia since 199...
Location
Yerevan, Armenia
Founded Year
1991
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ARMECONOMBANK

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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
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Commercial bank
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are offered in Armenia by Ardshinbank.
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Commercial banking services are provided in Armenia.
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Provides retail and business banking services with online platforms and financial products.
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Detailed competitors of ARMECONOMBANK

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Latest news on Armeconombank

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Complete news archive for ARMECONOMBANK

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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.

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