ACBA Leasing and Caterpillar sign memorandum of cooperation

YEREVAN, December 20. /ARKA/. ACBA Leasing, Zeppelin Armenia (the official representative of Caterpillar company in Armenia) and Caterpillar Financial have signed a tripartite memorandum of cooperation in the framework of which the parties will offer customers in Armenia more favorable terms for the acquisition of CAT machines through ACBA Leasing.

“From now on the funding from Caterpillar Financial will continue at lower rates compared to last year’s rates, taking into account the development of this sphere in Armenia thanks to the cooperation between ACBA Leasing and Zeppelin Armenia’, – ACBA Leasing said in a press release. In the near future the parties will make a statement on funding terms.

“Successful long-term cooperation between ACBA Leasing and Zeppelin Armenia has played a role in the development of various Armenian companies, and now, thanks to low interest rates, customers will not only be able to further improve the performance of their companies, but also to reduce costs”, – ACBA Leasing said.

ACBA Leasing cjsc was founded in 2003 and is the first specialized leasing organization registered in Armenia. The company is the absolute leader in the market, and also one of the initiators of the legislative changes in this area. Shareholders of ACBA Leasing are ACBA-CREDIT AGRICOLE BANK – 54% and Credit Agricole Leasing & Factoring – 38% .– 0–

spot_img

POPULAR

Armenian Ministry of Finance developing a comprehensive framework for issuing thematic bonds

The Armenian Ministry of Finance is developing a comprehensive framework for issuing thematic bonds in domestic and international capital markets.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s corporate bond market could double over five years – head of CUBE Invest

Armenia’s corporate bond market is entering a new stage of development, expanding opportunities for businesses to secure financing while offering investors an alternative to bank deposits.

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img