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

Crypto

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.
Banks

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.
Banks

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.
Capital market

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.
Banks

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

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