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“Inecobank” rejects the news on the resignation of the Director

Economy
ineco

Today information has been spread on media that the directors of some banks have submitted resignations connected with the recent inflationary policy. The name of “Inecobank” Director also has been noted. The bank officially informs that the information isn’t accurate. “Avetis Baloyan is a founder and major shareholder of “Inecobank” CJSC, who owns 35 % of the bank capital. Since the foundation of the bank for about 20 years A. Baloyan has been on a leading post, he has been Chairman of the Board or the Executive Director during different periods,”- says the clarification of the bank.