Financing supports local business development ↗
Hayekonombank supports the AYA brand operating in the food production sector, which started as a social enterprise and is now expanding its product line, exporting to the US.
ARMECONOMBANK OJSC
ARMENIAN ECONOMY DEVELOPMENT BANK OJSCAliasARMECONOMBANK株式会社AliasArmeconombank OJSCAlias
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Basic information
- Head office
- 23/1 Amiryan Street, Yerevan 0002, Armenia
- Chief executive
- Employees (non-consolidated)
- Employees (consolidated)
- Start date
- End date
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Websites
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Business
Affordable housing to servicemenAffordable Housing to Servicemen refinanced by the National Mortgage CompanyRefinanced by the National Mortgage Company(acquisition)Energy-Efficient microcredits for apartmentsRefinanced by the National Mortgage Company(renovation, construction)Provided within the framework of own resources of the bankHousing for forcibly displaced families from separate regions of NKH. Program 1, 2Investment servicesCurrency operationsBusiness loan with pledge of gold (with GAF programs)Instant businessECOLOANCommercial loanRenewable energy developmentTrade Finance ProgramLoans Granted for Export FinancingStart UpCommercial car loanProjects financed through EIB facilitiesCommercial credit lineECOEASY+ (Discontinued on 08.06.2026)Easy + (Discontinued on 08.06.2026)Visa BusinessVisa Signature BusinessOnline services #digital-bankOnline ApplicationsvPOS online applicationMobile POS online applicationPOS online applicationMortgage loan applicationDistance ServiceAEB MOBILEAEB PaymentsAEB OnlineConclusion of the MTPL insurance contractBusiness LoansBusiness CardsIndividual LoansUnsecured loansCollateral loansMortgage loansInstallment loanLeasingIndividual CardsVisaMasterCardArCaSalary packageTransfersFast money transfersInternational card transfersS.W.I.F.T. transfersMy TransferSalary and LoansBranch and service networkOnline servicesSign in AEB OnlineMTPL insurance contractLoansCardsConcierge serviceCurrency conversionMyTransfer system
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Related companies
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Network
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News
Growth of the AYA Brand Supported by Armeconombank ↗
Armeconombank supports the growth of the AYA brand, developed a new natural lemonade product, and began exporting to the United States. The brand has continued to expand since becoming a social enterprise in 2020.
Hayekonombank's syndicated loan of 35 million US dollars ↗
Hayekonombank signed a syndicated loan agreement with OPEC for financing micro, small and medium enterprises. The financing consists of a 20 million US dollar A loan and a 15 million US dollar B loan, which was provided by Allianz Global Investors.
Hayekonombank will distribute dollar-denominated bonds ↗
Hayekonombank will distribute the next tranche of dollar-denominated bonds from September 24 to February 24, 2027. The total volume of bonds is 4 million US dollars, and they include 40,000 nominal, non-registered, certificate bonds. The annual yield of the certificates is 6%, and they mature on September 24, 2030.
Armeconombank secures $35 million syndicate loan ↗
Armeconombank has signed a syndicate loan agreement with the OPEC Fund for $35 million. This funding will be used to expand access to finance for micro, small, and medium-sized enterprises and may also include climate-related projects.
Armeconombank to Place New USD Bonds ↗
Armeconombank will place a new tranche of USD-denominated bonds from September 24, 2026, to February 24, 2027. The bonds have a total volume of USD 4 million, with a maturity date of September 24, 2030. They carry a 6% annual coupon yield and will be listed on the Armenia Stock Exchange.
HyEconobank's 'Artashat' branch at a new address ↗
HyEconobank's 'Artashat' branch will operate from a new address starting September 22: 58/1, August 23 Street, Artashat. Branch service will continue online and via payment terminals.
ARMECONOMBANK's Attarshat Branch Opens at New Address ↗
ARMECONOMBANK's Attarshat branch will start operating at the new address from September 22, 2026. Customers will also have access to 24/7 online services.
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