ACBA-CREDIT AGRICOLE BANK re-launches renovated ‘Lori’ branch in Vanadzor

YEREVAN, October 29. / ARKA /. ACBA-CREDIT AGRICOLE BANK has re-launched today its renovated and modernized ‘Lori’ branch in Armenia’s third largest town of Vanadzor, the administrative center of the northern province of Lori. The bank said the branch, located at 22, Tigran Mets Street, is ready to provide customers with the full range of its services.

“The re-launch of “Lori” branch is another step, initiated and implemented by the Bank as part of its program of ongoing development and improvement of the branch network,’ the Bank said in a press release.

It said a set of comprehensive measures were taken to optimize all the processes related to customer service, to upgrade jobs places and service areas and to install new equipment. Now the branch has broad technical capabilities, allowing customers to make use of banking services more enjoyable and easy.

The new branch will operate a cash accepting terminal, allowing customers to make around the clock transactions, including payment of utility bills, including also Internet services of Ucom, Orange, VivaCell and Beeline telecom providers. Customers can also repay their loans, to replenish current card accounts and deposits.

The Bank will not charge any fees for services if they are made through the cash accepting terminal.

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.-0-

spot_img

POPULAR

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

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

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

LATEST NEWS

spot_imgspot_imgspot_img