Tue, 13 January
4.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

ACBA-CREDIT AGRICOLE BANK reduces prices for using ACBA-ONLINE system

YEREVAN, March 12. / ARKA /. ACBA-CREDIT AGRICOLE BANK has announced today new and reduced prices for using its ACBA-ONLINE system.

The bank said new individual customers will pay a onetime payment of 5000 drams instead of previous monthly payment of 1000 drams. Individual customers already using the system will pay nothing, the bank said.

The price for corporate customers has been lowered from 5,000 drams to 3000 drams a month.
The bank said also it has installed ACBA TOKEN application to create one-time passwords for logging in to ACBA ONLINE.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.

According to the latest data, the bank’s assets in 2014 grew to 286.4 billion drams; its liabilities grew to 237 billion drams, while its capital fell to 49.37 billion drams. The bank closed 2014 with a loss of 4.6 billion drams against a 4.9 billion dram profit in 2013. ($ 1 – 481.53 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img