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ÿÿGRANDÿÿ INSURANCE LLC

1. Registration - 12.05.1999
2. Sphere of Activity - Insurance
3. Service aimed at export - Reinsurance
Company Address
Armenia, Yerevan, V. Surenyan St 3 Products & Services
Tel.: (374 10) 56.05.23
Tel./Fax: (374 10) 56.03.92
E-mail: grand@arminco.com
Web-site: www.grand.am
Contact person: Mrs. Arpine Simonyan

ÿÿINECOBANKÿÿ CJSC

1. Registration date - 07.02.1996
2. Sphere of Activity - banking
3. Services offered: Financing services
· Remittances
· Loans
· Letters of Credit
· Guarantees Company Address
· Deposits 375001 Armenia, Yerevan, 17 Toumanyan St.
· Issuance and Servicing of ArCa and MasterCard payment cards as well as Tel.: (374 10) 56.37.25, Fax (374 10) 54.51.66
other co-branded payment cards E-mail: inecobank@inecobank.am
· The implementation of wage schemes Web-site: http://www.inecobank.am
· Collection of Money SWIFT: INJS AM 22
· Financial advice
· On-line Service (E - Banking) Contact person: Mr. Arman Simonyan
· Customer service by Personal Manager
4. Service Specifications
a) Loans are offered to both individuals and legal entities to expand and develop their business as well as for consumer purposes. (Commercial Loans
and Lines of Credit, Installment Credits, Mortgages, Car Loans, Other Consumer Loans)
b) Remittances can be done by individuals and legal entities in any currency both from their account and without opening any account. (Remittances
via SWIFT transfer system, via Western Union transfer system, via InecoMoney transfer system (private transfers)
d) Letters of Credit and Guarantees are offered to importers (buyers) and exporters (sellers). These facilities minimize risks for importers and
exporters and guarantee swift and safe profits.
e) Deposits are accepted from resident and non-resident individuals and legal entities in Armenian Drams, US dollars, Euros, and Russian Rubles. The
wide variety of deposits (8 types) and high interest rate (up to 8.5% annually) make it possible for Inecobank’s depositors to select the type of
deposit that meets their needs.
5. Bank Information
“INECOBANK” CJSC is:
· A member of the Association of Banks of the Republic of Armenia;
· A primary dealer in the Government T-bill market of Armenia;
· A partner-bank of the German-Armenian Foundation in the frameworks of the jointly-implemented Micro, Small, and Medium Enterprise
Lending Program;
· A participant-bank in USAID’s Loan Guarantee Program;
· A partner-bank of the European Bank For Reconstruction and Development (EBRD) in the frameworks of the jointly-implemented Small and
Medium Enterprise Lending Program and Trade Facilitation Program (TFP);
· A member of the international S.W.I.F.T. payment system.
6. Shareholders in other countries
ShoreCap Internatioal, Ltd.
403 Coppergate House
16 Brune Street
London E1 7 NJ
United Kingdom
+44 207 953 8627
www.shorecap.net
7. Correspondent Accounts
· “Deutsche Bank Trust Company Americas NY” (USA);
· “Commerzbank AG” (Germany);
· “Promsvyazbank” (Russian Federation);
· “Alfa Bank” (Russian Federation);
· “Sevings Bank of RF” (Russian Federation);
· “PrivatBank” (Ukraine);
· “Bank Finance and Credit” Limited (Ukraine);
· “Intellectbank” (Georgia).

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