Description
ARMECONOMBANK OJSC (formerly Armenian Republican Bank “Zilsotsbank” of USSR) was the first among the state-owned banks of the Republic of Armenia to be reorganized into a joint stock bank and registered in the Central Bank of Armenia on 26 August 1991 (registration N1).
One of the most important directions of the bank’s activities is the rendering of e-services (investment of internet technologies), as well as issue and service of plastic cards.
The bank is considered a member of the Society for Worldwide Interbank Financial Telecommunications (S.W.I.F.T), MONEYGRAM, Moneytun, Converse Transfer, Sigue Money Transfer, UniStream, RiaMoney, IntelExpress, and Golden Money Transfer payment systems, as well as an affiliate member of EUROPAY INTERNATIONAL payment system and a member of VISA payment system.
Currently, ARMECONOMBANK OJSC has a wide branch network consisting of 49 branches, 26 of which are located in Yerevan, 22 in the marzes of Armenia and one in the Republic of Artsakh.
69.55% of the bank’s fully registered and paid share capital (AMD 9,534,433,080,000) is owned by the Sukiasyan family, who hold the ultimate control over the bank. EBRD owns 2.52% of the share capital and 27.93% is possessed by other shareholders.
As of 15 February 2018, ARMECONOMBANK OJSC has 868 employees.
As of December 31, 2019, the total capital of the bank is AMD 39 181 914 thousand, assets – AMD 280 478 563 thousand, liabilities – AMD 241 296 649 thousand.
Armenia, 0002, Yerevan
Amiryan St., 23/1 Building (in the territory of the bank)
Armenia, 0002, Yerevan
Mashtotsi Ave., 42a Building (adjacent to “Cactus” restaurant)
Armenia, 0010, Yerevan
Hanrapetutyan Sq., Government House 3
Armenia, 0018, Yerevan
Movses Khorenatsu St., 43 Building (adjacent to “Ayrarat” fair)
Armenia, 0018, Yerevan
Movses Khorenatsu St., 33 Building (in “Tashir” trade center building)
Armenia, 0070, Yerevan
Alek Manukyan (Alex Manoogian) St., 11 Building (in the building of Institute of Physical Culture)
Armenia, 0010, Yerevan
Vazgen Sargsyan St., 5 Building (in Court of Cassation)
Armenia, 0010, Yerevan
Vazgen Sargsyan St., 7 Building (in Hakob Paronyan theatre building)
Armenia, 0033, Yerevan
Kasyan St., 2 Building (from Hrachya Kochari St.)
Armenia, 0014, Yerevan
Azatutyan Ave., 24 Building (in the territory of “Beeline” service center)
Armenia, 0088, Yerevan
Mazmanyan St., 5/11 Building (in the territory of photo service)
Armenia, 0054, Yerevan
Davtashen, 3rd District, 25/1 Building (in the territory of “Beeline” service center)
Armenia, 0065, Yerevan
Sebastiai St., 23a Building (in the territory of the bank)
Armenia, Yerevan
Andraniki St., 42 Building (in the territory of “Gor” department store)
Armenia, Yerevan
Erebunu St., 19 Building (opposite “Yerevan City” supermarket)
Armenia, 0071, Yerevan
Nubarashen, 11th St., 15 Building
Armenia, 0087, Yerevan
Titogradyan St., 14 Building (in “Erebouni” medical center building)
Armenia, 0056, Yerevan
Nor Nork 3rd Micro-District, Gai Ave., 16 Building (adjacent to “Yerevan City” supermarket)
Armenia, 0056, Yerevan
Nor Nork 1st Micro-District, Gai Ave., 8/2 Building (in the territory of “Yelak” supermarket)
Armenia, 0063, Yerevan
Marshal Khudyakovi St., 71 Building (opposite “Krpak” supermarket)
Armenia, 0078, Yerevan
Margaryan St., 6/2 Building (in the territory of Republican Institute of Reproductive Health, Perinatology, Obstetrics and Gynaecology)
Armenia, 0069, Yerevan
Paruyr Sevaki St., 51 Building (adjacent to Zeytun market)
Armenia, 0086, Yerevan
Artashisyan St., 83/6 Building
Armenia, Yerevan
Arshakunyats Ave., 24/1 Building (adjacent to building of Court of General Jurisdiction of Shengavit)
Armenia, 0014, Yerevan
Hrachya Nersisyan St., 7 Building (at the entrance of “Kanaker-Zeytun” medical center)
Armenia, 0005, Yerevan
Artsakhi Ave., 4 Building (adjacent to the railway station)
Armenia, Yerevan
Sebastiai St., 129/1 Building (adjacent to “Golden Cock” bistro)
Armenia, 0006, Yerevan
Bagratunyats St., 17 Building (at the entrance of “Kaghtsrik” shop)
Armenia, 0012, Yerevan
Vahram Papazyan St., 21 Building (in the territory of “Hayr & Vordi Yeritsyanner” supermarket)
Armenia, Yerevan
Nor Nork 7th Micro-District, Hunan Avetisyan St. (opposite “Krpak” supermarket)
Armenia, 0015, Yerevan
Paronyan St., 8 Building (at the entrance of “Evrika” supermarket)
Armenia, 0001, Yerevan
Hyusisain Ave., 4 Building (in the territory of “Beeline” service center)
Armenia, 0015, Yerevan
Argishtii St., 1 Building (in the territory of the municipality)
Armenia, Yerevan
Zakaria Kanakertsu (Sarkavagi) St., 129/10 Building (at the entrance of “Kentron” shop)
Armenia, 0001, Yerevan
Sayat-Novai Ave., 6 Building
Armenia, 0014, Yerevan
Aharonyan St., 2 Building (in the territory of “Armentel” CJSC)
Armenia, 0015, Yerevan
Argishtii St., 4/1 Building (in the territory of “Viva-MTS” head office)
Armenia, 0009, Yerevan
Koryuni St., 12 Building (in the 9th subsidiary building of “Polytechnic”)
Armenia, 0051, Yerevan
Komitasi Ave., 35/2 Building (in the territory of the Center of Geodesy and Cartography)
Armenia, 0019, Yerevan
Marshal Baghramyan Ave., 24/4 Building (in the territory of the National Academy of Sciences of Armenia)
Armenia, 0075, Yerevan
Muratsani St., 114 Building (in the territory of “Muratsan” children hospital)
Armenia, 0001, Yerevan
Hanrapetutyan St., 71 Building (adjacent to “Nor Zovk” supermarket)
Armenia, 0082, Yerevan
Tsitsernakaberdi Highway, 3 Building (in the territory of “Dalma Garden Mall” trade center)
Armenia, 0025, Yerevan
Abovyan St., 48 Building (opposite “Armenia” supermarket)
Armenia, 0061, Yerevan
Arshakunyats Ave., 63 Building (opposite the building of Criminal-Executive Department)
Armenia, 0052, Yerevan
Fanarjyan St., 76 Building (in the entrance hall of Fanarjyan National Oncological Center)
Armenia, 0015, Yerevan
Mashtotsi Ave., 5a Building (adjacent to “Roberto” shop)
Armenia, Ararat Marz, Artashat
Ogostosi Ksanereki St., 58a Building (in the territory of “Partez” supermarket)
Armenia, Ararat Marz, Artashat
Ogostosi Ksanereki St., 19 Building (in the territory of “Vivaro” totalizator)
Armenia, 1804, Lori Marz, Spitak
Alek Manukyan (Alex Manoogian) St., 5 Building (in the territory of “Danielyan” supermarket)
Armenia, 2202, Kotayk Marz, Abovyan
Hanrapetutyan Ave., 11 Building (in the territory of the shoe shop)
Armenia, 2310, Kotayk Marz, Tsaghkadzor
Orbeli Yeghbayrneri St., 20 Building (in the territory of “Kecharis” hotel)
Armenia, Kotayk Marz, Hrazdan
Yerevanyan St., 4/5 Building (in the territory of the bank)
Armenia, Shirak Marz, Gyumri
Vardanants Sq., 1 Building (in the territory of the bank)
Armenia, Shirak Marz, Gyumri
Garegin Nzhdehi St., 49/50 Building (adjacent to Marzpetaran building)