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ACBA-CREDIT AGRICOLE BANK shares its experience at Caucasus SME Banking Club 2017 conference

YEREVAN, June 19. /ARKA/. Participating in the Caucasus SME Banking Club Conference 2017 in Tbilisi, Georgia, on May 24-25, the Yerevan-based ACBA-CREDIT AGRICOLE BANK presented its non-financial products and free business trainings, which it had first introduced in 2013, as well as shared the accumulated experience it has gained since then with other participants of the annual gathering.

“In most cases, founders of their own business do not have the appropriate education and skills, and for this reason, they are unable to withstand competition, having to leave the market shortly afterwards . The 21st century is the period of doing business, which is based on knowledge and specific advantages. It was this circumstance and the stable and reliable vision of partnership that prompted us to rethink our relations with customers,” Arsen Melkonyan, the head of the Marketing and Development Department at ACBA-CREDIT AGRICOLE BANK, said at the event.

He also expressed confidence that stable, long-term and reliable partnership relations based on mutual assistance are the main guarantee of development and progress.

“All this is possible only if we have sound business relations. To create the above factors and neutralize the barriers, the bank has chosen the way of providing its partners with the knowledge and experience,” he added.

The Caucasus SME Banking Club Conference 2017 brought to Georgia’s capital city Tbilisi
banking professionals and experts from Armenia, Georgia, Ukraine, Belarus, Russia and Kazakhstan to discuss innovations in micro-, small and medium business segment and how banks can help start-ups.

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. –0–

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