ACBA-CREDIT AGRICOLE BANK opens new branch in Yerevan

YEREVAN, August 7. /ARKA/. ACBA-CREDIT AGRICOLE BANK has opened a new Komitas branch in Yerevan, the bank’s press office reported. The new branch  is located at Komitas Avenue, 56-167, according to the report.

The new convenient and well-equipped office  offer universal banking services, driven by the clients’ needs, the press office said.

More detailed information can be obtained by calling (010) 31 88 88.

JSC ACBA-CREDIT AGRICOLE BANK”(formerly the Agricultural Cooperative Bank of Armenia, ACBA) was established in 1996 within the framework of the EU TACIS PrograIts major shareholders are  the French Credit Agricole SA  (15.56%), SACAM International  (12.44%), as well as mutual aid associations of farmers in  10 regions. (Armavir region – 14.08%  and  Ararat region – 12.28%.).

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May — World Bank

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank's Armenia Monthly Economic Update – July 2026.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of July 23, 2026, fell by 0.94 points compared to July 22, to 365.95 drams.

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

LATEST NEWS

spot_imgspot_imgspot_img