Sat, 9 August
30.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

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

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

Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

Loan portfolio of Armenian banks in first half of 2025 amounts 7.1 trillion drams -UBA

The loan portfolio of the 17 Armenia-based commercial banks increased to 7.1 trillion drams in the first half of 2025, up from 6.4 trillion drams in the same period of 2024, according to Daniel Azatyan, the head of the Union of Banks of Armenia (UBA).

LATEST NEWS

spot_imgspot_imgspot_img