Mon, 2 February
-1.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

ACBA-CREDIT AGRICOLE BANK accepting applications for certification of organic agricultural products

YEREVAN, August 25. /ARKA/. ACBA-CREDIT AGRICOLE BANK, jointly with the Nature and Biodiversity Conservation Union (NABU) of Germany, is implementing the free of charge ‘Program on Certification of Organic Agricultural Products’, the press office of the bank reported on Tuesday.

The launch of the program has been announced during the general meeting on May 22, where the entities, producing organic agricultural products, as well as other persons, interested in the sector, have been present.

All those wanting to take part in the program’s contest round need to fill an appropriate application form which is available on the bank’s official website.

The Program is directed to the analysis of the current state of the market of organic products and it is designed for all organizations and individuals who are interested in obtaining an organic production certification.

Experts will rate contenders’ products and winners will go through certification under financial support from ACBA-CREDIT AGRICOLE BANK and NABU.

ACBA-CREDIT AGRICOLE BANK was established in 1996 as part of European Union’s TACIS program.

In September 2006, France’s Credit Agricole Group became the biggest shareholder of the bank making considerable investments into its capital.

ACBA-CREDIT AGRICOLE BANK’s assets totaled AMD 286.4 billion in 2014 and liabilities AMD 237 billion. Its capital amounted to AMD 49.37 billion in 2014. ($1 – AMD 486.43). –0–

spot_img

POPULAR

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

Armenia’s gross reserves rose to $5.1 billion in December, providing 4.1 months of import coverage – WB

In December 2025, the AMD/USD exchange rate appreciated slightly on average, compared to the previous month.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

LATEST NEWS

spot_imgspot_imgspot_img