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

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 11, 2026, decreased by 0.05 points compared to May 8, to 368.96 drams.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img