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ACBA-CREDIT AGRICOLE BANK annuls credit obligations of families of servicemen died in Karabakh

YEREVAN, April 8. / ARKA /. ACBA-CREDIT AGRICOLE BANK has decided to completely annul the credit obligations of the families of servicemen  who died on the line of contact between the Karabakh and  Azerbaijani forces, the bank’s press service reports.

“Fighting against the enemy in the last days the Armenian army is heroically defending our homeland  securing our peace and quiet. Bowing down before the exploits of the soldiers of our army and the young boys who  voluntarily headed  to the contact line for the defense of the country, ACBA-CREDIT AGRICOLE BANK completely annuls the credit obligations of the families of the soldiers, who died in the battle against  the treacherous enemy,’  the bank says.

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. -0-

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