ACBA-CREDIT AGRICOLE BANK’s prize raffle winners announced

YEREVAN, December 22. /ARKA/. ACBA-CREDIT AGRICOLE BANK announced the winners of the prize raffle among student loan borrowers and holders of Visa Student card at Moscow Cinema on December 20, the bank’s press office reported.

The prize raffle was held among students who have Visa Student and those who have paid their tuition fees through student loans from the bank in the period from August 25 to December 19.

The winners among student loan borrowers were Hovik Veranyan, Ruzanna Matevosyan, Robert Simonyan, Ani Hovhannisyan, Narek Margaryan and Lilit Mirzakhanyan. Winners among Visa Student cardholders were Hayk Sukiasyan, Julietta Vardanyan, Hasmik Hambaryan, Arusyak Ghukasyan, Arevik Badalyan and Aram Chobanyan.

Twelve prizes included half a year tuition fees, a notebook or an Ipad, Samsung Galazy S5 Mini Duos smartphones.

The prizes will be handed to cardholder student winners who provide a letter confirming their studentship before the end of January 2015.

ACBA was established in 1996, within TACIS program of the European Union. Long-term and mutually beneficial cooperation between ACBA Bank and the leading French banking group Credit Agricole led Credit Agricole bank group to become the biggest shareholder of ACBA on September 15, 2006, by making a significant financial investment into the bank capital. ACBA was restructured, becoming a closed joint stock company and it was renamed ACBA CREDIT AGRICOLE BANK.

The bank’s assets as of October 1, 2014 stood at 273.4 billion drams, an increase of 2.15 percent from the beginning of the year; its obligation grew by 3.1 percent to 220 billion drams and its capital dropped by 1.26 percent to 53 5 billion drams. The bank reported 673.2 million drams in net losses for the third quarter of this year against 3.9 billion drams in profit earned in the third quarter of 2013. The bank has 52 branches. ($1 – 464.57 drams). -0-

spot_img

POPULAR

Ranking of Armenia’s most profitable banks for the first nine months of 2026

The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter

Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img