Sat, 1 February
-7.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

ACBA-CREDIT AGRICOLE BANK offers deposits in British pounds sterling and Swiss francs

YEREVAN, 11 January. /ARKA/. Armenian ACBA-CREDIT AGRICOLE BANK said its clients can from now on keep their money in deposits in British pounds sterling and Swiss francs. Deposits in British pound sterling and Swiss francs are accepted by the bank at an annual interest rate of 4.5%.

“The Bank offers its customers an opportunity to diversify their assets and invest in deposits in AMD, USD, Euro, Russian rubles, British pounds sterling or Swiss francs,” it said.

ACBA-Credit Agricole Bank was founded in 1996. Its major shareholders are French Credit Agricole SA (15.56%), SACAM International (12.44%) and farmers unions in all 10 regions of Armenia. Armavir region holds 14.08% and the Ararat region 12.28%. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img