Ineco Group

Financial Services • Armenia • 1-10 Employees

Company overview

Headquarters	Armenia
Website	inecogroup.am
NAICS	52
Founded	1996
Employees	1-10

Key Contacts at Ineco Group

Arsen Babayan

Chief Technology Officer

Davit Baloyan

Ceo

Dmytro Tolstyk

Director Of International Business

About 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.

Ineco Group revenue & valuation

Annual revenue	$598,885
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$2,000,000
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Entry

Director

Employees by Department

Ineco Group has 3 employees across 3 departments.

Departments

Number of employees

Funding Data

Ineco Group has never raised funding before.

Frequently asked questions

Ineco Group is located in AM.

Ineco Group was founded in 1996, making it 30 years old. The company has established itself as a significant player in its industry over this time.

Ineco Group has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.