OREANDA-NEWS. October 31, 2011. Inecobank CJSC received USD 10 million in loan resources from the OPEC Fund for International Development (OFID), reported the press-centre of Inecobank.

Inecosave
Using the best international practice and aiming to promote saving habits in Armenia Inecobank created a saving mechanism which helps to save easily and effectively.

InecoSave saving account is designed for everyone who wants to save and at the same time to be able to use any amount accumulated on the account at any moment.

“Following our mission we created a tool which will help our clients to achieve their short-term and perspective goals. InecoSave is a compound and automated mechanism which is convenient, flexible and profitable”, stressed Avetis Baloyan, the CEO of Inecobank.

InecoSave saving account is easy and simple to use. One can open a saving account starting with a very small sum of money and then add more savings whenever he wishes. Account servicing, depositing and cashing of money is free of charge, while clients will get 7% interest annually for their savings.

Clients of Inecobank can save not only money, but also their time using Direct Debit mechanism. A client can order the Bank to transfer required amounts from current or card account to the saving account, as well as make other necessary payments quickly and on time.

To raise the profitability of their savings clients can from time to time transfer money accumulated on their saving account to accumulative deposit and get up to 12.5% interest.

For more than 15 years Inecobank has been offering convenient and affordable services in Armenian banking market, the vivid proof of which is Inecobank’s constant leadership in the field of point of sales loans. Being an easy and affordable banking service, Inecosave saving account is also deemed to occupy its particular place in the lives of every family, becoming an exceptional evidence of confidence and well-being.