Tue, 30 September
27.1 C
Yerevan
USD: 382.52 RUB: 4.64 EUR: 449.38 GEL: 140.57 GBP: 514.03

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

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

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img