Tue, 21 October
14.1 C
Yerevan
USD: 383.01 RUB: 4.73 EUR: 446.28 GEL: 141.40 GBP: 513.50

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-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img