ACBA-CREDIT AGRICOLE Bank opens Aragats branch in Aragatsotn region

Banks

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

Economy

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.
Economy

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.
Announces

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.
Banks

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.
Exchange market

Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Russia’s Gazprombank to increase authorized capital in Areximbank-Gazprombank Group by $10 million
Next article
IFC will provide Armenia with $1.9 million to help it improve investment climate