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

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

AMX conducts government bond auction totaling 40 billion drams

YEREVAN, August 11. /ARKA/. On August 11, the Armenia Securities Exchange (AMX) executed a government bond auction amounting to 40 billion drams, as reported by the exchange's press service.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 3-9)

Armenia's financial agenda last week was determined by the Central Bank's maintenance of current monetary conditions, indicators of the banking and non-banking credit sectors, capital market activity, the state of public debt, and decisions on attracting financing from international financial institutions.

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams

YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.

LATEST NEWS

spot_imgspot_imgspot_img