Mon, 28 July
34.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

ACBA-CREDIT AGRICOLE BANK launches “Installment on the spot’ service

YEREVAN, November 27. /ARKA/. ACBA-CREDIT AGRICOLE BANK CJSC said Tuesday it is launching a new service “Installment on the spot.”

“In order to register an installment there is no need anymore to visit the bank. Using the new service “Installment on the spot” the clients will get an opportunity to save time and use their loans to make purchases directly at a shop, without going to the bank,” the source states.

It takes 10-15 minutes to register an installment, the minimum loan amount is 50,000 AMD, and the maximum- 1.5 million drams, and the pre-payment starts at 0%.

To use the service a client should demonstrate an ID document, and a reference letter from the workplace. The service is available throughout the whole territory of Armenia.

ACBA-CREDIT AGRICOLE BANK was established in 1996 as part of European Union’s TACIS program. French Credit Agricole S.A. holds 15.56% of the bank’s shares and SACAM International JSC 12.44%. The remaining shares belong to farmers’ unions in Armenia’s ten provinces, including Armavir (14.08%) and Ararat (12.28%). -0—-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

LATEST NEWS

spot_imgspot_imgspot_img