Mon, 28 April
18.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

CEO of ACBA-CREDIT AGRICOLE BANK dies untimely

YEREVAN, March 24. /ARKA/. Chief executive officer of ACBA-CREDIT AGRICOLE BANK Stepan Gishyan died untimely at the age of 59, from disease, on Saturday March 22, the bank’s press office reported.

Having extensive experience in financial sector Gishyan became CEO of the bank in 1996.
In 2003 Gishyan chaired the board of directors of ACBA Leasing and headed Alliance Francaise d’Armenie in 2006.

In 2006-2007 Stepan Gishyan was the chairman of the Union of Banks of Armenia.

Stepan Gishyan made a great contribution to development of agriculture and the banking sector in Armenia, says the report. His efforts brought Armenia-France relations to a new level.

Gishyan was awarded Anania Shirakatsi medal by Armenia’s president in 2001 and received the national order for merit from France president in 2009.

The staff of the bank shares the grief and the feelings of the family, says the report.

ACBA-CREDIT AGRICOLE BANK was established in 1995 as part of the European Union’s TACIS program. In 2006, CREDIT-AGRICOLE GROUP invested substantially into its capital becoming its largest shareholder.–0–

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

US dollar, euro and ruble up against dram

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of March 14, 2025, amounted to 392.34 drams, up 0.6 points compared to March 14.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

LATEST NEWS

spot_imgspot_imgspot_img