Sun, 22 February
11.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

ACBA-CREDIT AGRICOLE BANK and NABU begin second free program “Certification of Organic Products”

YEREVAN, October 7. /ARKA/. ACBA-CREDIT AGRICOLE BANK in cooperation with Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, begins the second free program “Certification of Organic Products.”
The program, launched in 2015, is aimed at development of the organic products market in Armenia and export promotion, ACBA-CREDIT AGRICOLE BANK said in a press release.

The program is designed for all those small and medium-sized businesses, which are interested in obtaining organic certification.

The Bank said all interested economic entities wishing to participate in a competition for “Certification of Organic Products” for 2016-2017 should download from the official webpage of the bank an application form, fill it out and send to the specified email address www.acba.am/hy/news/acba-nabu-free-certification-contest before November 7.

The products submitted  by the participants for receiving certification will be subject to expert analysis, and after summarizing the results the economic entities, recognized as winners will receive the organic certification with the financial assistance of ACBA-CREDIT AGRICOLE BANK and NABU.

As part of the free “Certification of Organic Products” program for 2014-2015 four organizations were certified, according to the Bank.

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.

Founded in 1899, NABU encompasses more than 520,000 members and sponsors, who commit themselves to the conservation of threatened habitats, flora and fauna, to climate protection and energy policy.  NABU`s main objectives are the preservation of habitats and biodiversity, the promotion of sustainability in agriculture, forest management and water supply and distribution, as well as to enhance the significance of nature conservation in our society. -0-

spot_img

POPULAR

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

LATEST NEWS

spot_imgspot_imgspot_img