ACBA-CREDIT AGRICOLE Bank opens Aragats branch in Aragatsotn region

YEREVAN, February 8, /ARKA/. ACBA-CREDIT AGRICOLE Bank has opened another branch in Tsakhkahovit village of Armenian Aragatsotn province , the bank press service told ARKA.

Opening such branches is of great importance for the bank, as they provide high quality banking services for country’s communities, the press release says. Aragats is the 42nd branch of ACBA-CREDIT AGRICOLE Bank and the second branch opened in a rural community. The first was in Ashotsk region in Shirak province. The bank said residents of Tsakhkahovit and the nearest communities are able from February 6 to enjoy high quality banking services, which do not differ from those offered by the other branches.

ACBA-CREDIT AGRICOLE BANK CJSC was established in 1996. Its principal shareholders are French Credit Agricole S.A with 15.56% share, SACAM International with 12.44% share, and Peasant Mutual Aid Unions of 10 Armenian regions, including Armavir region- 14.08% share, and Ararat region-12.28%. –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img