About us
Our expertise has been built over many years of active participation in investment markets and consistent performance. Our extensive experience in the financial sector enables us to understand market dynamics, develop effective investment strategies, and utilize modern financial instruments. As a result, investment opportunities from around the world are now accessible to our clients
Our Guiding Principle
Empower our clients to achieve their financial aspirations by providing expert investment solutions and personalized guidance upholding the highest standards of integrity, transparency, and client service.
Our Vision for Tomorrow
We aspire to be the trusted partner of choice for investors worldwide, known for our innovative strategies, ethical practices, and unwavering dedication to helping our clients build and preserve wealth.
Our Story
20.07.2023
The company was granted the status of Account Operator.
26.06.2021
The company was rebranded as INKOR CJSC.
11.12.2008
The company became a member of the Securities Settlement System.
27.06.2008
The company was re-registered (Registration Certificate No. 5) and re-licensed by the Central Bank of Armenia as an investment firm, obtaining a license to provide investment services.
29.01.2008
The company obtained a license to conduct foreign exchange dealer–broker operations.
24.01.2002
The company became a member of the Armenian Stock Exchange CJSC.
15.06.2001
The company began professional activity in the securities market, licensed by the Securities Commission of Armenia.
26.03.2001
The company was established by decision of the founding shareholders’ meeting under the name “RENASA” CJSC.
Incore's Shareholders
Eduard Marutyan
Eduard Marutyan was born on September 8, 1973, in Yerevan. He graduated from the ASUE in 1995. Eduard Marutyan worked in the "Ararat" Joint-Stock Bank as a Chief economist, then as a Head of the foreign exchange operations department from 1994 to 1995. He worked as Deputy executive director in the "Sipanbank" CJSC from 1995 to 1998. Then Eduard Marutyan worked in "Armeconombank" OJSC as the Head of the foreign exchange department, after which The Dealing Center Director. From 1999-to 2005, he was the Deputy Chairman of the Board of Armeconombank OJSC. Since 2005 he has been a shareholder of Renesa CJSC, and since 2011 he has also been the Board's Chairman. Since 2010 he has been a shareholder and a Chairman of the Board of the GLOBAL CREDIT Universal Credit Organization CJSC.
Arayik Karapetyan
Arayik Karapetyan was born on January 22, 1965. He graduated from the ASUE in 1988. Arayik Karapetyan worked in the agricultural administration of the Aragatsotn region from 1988 to 1991. Then, he worked in the "K.A.R." from 1992 to 1996. Arayik Karapetyan was the Chief Economist of the Ministry of Energy and Fuel of the Republic of Armenia from 1997 to 1998. From 1998-2006 he was a Deputy Chairman of the Board at "Arminvestbank" CJSC. Since 2006, he has been a participant and a Chairman of the Board of "Renshin" L.L.C, since 2009, a shareholder and Board member of Global Credit Universal Credit Organization CJSC. Since 2011 he has been a shareholder and Board member of "RENESA" CJSC.
Meet the Team
Corporate Social Responsibility
For INCORE CJSC, Corporate Social Responsibility (CSR) is the development and building of social and practical relations based on ethics, dedication, responsibility and trust, respect and care for each other, the country and the planet. The company's goal is to create a prosperous and stable future for Armenia, where everyone has equal rights and opportunities. Emphasizing the importance of long-term and forward-looking programs aimed at this goal, we have become part of the "Future”Foundation and have been supporting the implementation of the programs sponsored by the fund for many years, contributing to building a decent future for Armenia, social and environmental protection.