ACBA Bank to pay tuition of visa student cardholders

YEREVAN, December 25. / ARKA /. ACBA-Credit Agricole Bank will hold a lottery among its clients-owners of Visa Student cards for the Christmas holidays on December 25.

According to the bank, three winners will be determined on the basis of a lottery, for which the bank will pay the school tuition for one semester.

The ACBA-Credit Agricole Bank CJSC (formerly the Agricultural Cooperative Bank of Armenia) was established in 1995 and obtained a full banking license on March 29, 1996. The bank was founded on the scope of the European Union TACIS project. Among the bank’s main stockholders are the French Credit Agricole S.A. (28%) and the Armenian Farmers Association (4% to 14.08%).  –0–

spot_img

POPULAR

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img