ACBA-CREDIT AGRICOLE BANK opens its 50th branch office

YEREVAN, August 19. /ARKA/. ACBA-CREDIT AGRICOLE BANK opens its 50th branch office, “Kesaria”, at Malatia-Sebastia, Sherami st. 93/3, Yerevan.

The new branch provides the full range of the bank’s services and ensures high quality service, says the report.

Within the first 2 months, the first 100 customers of “Kesaria” branch getting American Express Blue will be exempt from the first year service fee. Apart from this, first 100 individuals will get consumer loans at a 1% lower rate; the rate for time deposits will be 1% higher.

The first 50 private entrepreneurs and legal entities using the services of “Kesaria” will get free Visa Business and will be exempt from one year service fee while opening an account.

CJSC ACBA-CREDIT AGRICOLE BANK (formerly the Agricultural Cooperative Bank of Armenia, ACBA) was established in 1995 as part of the EU TACIS program. In September 2006, the French banking group Credit Agricole became its largest shareholder. The bank’s assets on July1, 2014 amounted to 273 billion drams (2.2% increase from the beginning of the year); liabilities were 219.2bln drams (2.66% increase) and capital was 53.8bln drams (0.5% decrease). The bank has 276,000 customers today and runs 49+ branch offices. ($1- 409 drams). –0–

spot_img

POPULAR

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

Euro and dollar exchange rates against the Armenian dram fell, while the ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 18, 2026, compared to September 17, to 363.44 drams.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

LATEST NEWS

spot_imgspot_imgspot_img