Ineco Group

Ineco Group is a company operating in financial services, fintech solutions and investment sectors across different geographies. In the last 12 months we have launched projects/ partnerships or made investments in 14 different countries. Ineco Group is the parent company of Inecobank, one of the largest banks based in Yerevan, Armenia. Today we are a dynamically growing group that focuses primarily on long- term investments in various industries. Our target markets are Caucasus, Central & Eastern Europe and Central Asia. The main pillars of our business are financial services, fintech solutions and portfolio investments. We proactively identify and pursue growth opportunities within our existing markets while strategically exploring new ones. By adhering to a disciplined and responsible investment approach, we achieve sustainable long-term growth and maximize returns. This commitment enables us to deliver consistent high-yield dividend payouts, ensuring long-term value creation for our shareholders. As of December 31, 2024, Ineco Group’s total assets under management amount to USD 2 billion. The founder and owner of the Ineco Group is Avetis Baloyan.