ACBA-CREDIT AGRICOLE BANK conducts free trainings for hotel businesses in Gyumri

YEREVAN, September 29. /ARKA/. ACBA-CREDIT AGRICOLE BANK continues free business trainings designed specifically for representatives of small and medium-sized businesses in the regions of Armenia.

The latest three-day trainings were conducted in Gyumri, Armenia’s second-largest town and the administrative capital of the northwestern province of Shirak. This time the trainings’ focus was on new topics – Marketing of Hotel Services and Caring for Guests, the bank said in a press release.
It said some 20 representatives of small and medium business of the Shirak province were embraced by the trainings.

“A month ago, ACBA-CREDIT AGRICOLE BANK and the provincial administration of Shirak region signed a memorandum, whereby the sides committed to join their efforts for the development of SMEs in Shirak. The bank’s staff who conducted the trainings, had been earlier awarded the international coach certification by the International Financial Corporation (IFC Business Edge),’ Arsen Melkonyan, the head of the bank’s Marketing and Development Department said.

According to him, they had already conducted trainings in Yerevan, Lori, Armavir, Syunik, and also Shirak, where the fourth training was taking place. He noted also that this year has seen an increase in the number of tourists visiting Armenia and this in mind the trainings for the hotel business were carried out taking into account the current demand and with the prospect of future developments.

Melkonyan expressed confidence that the experience of the bank, accumulated over 20 years, as well as the best international experience that the bank has transferred to its partners in Shirak, will have a positive impact on the development of their businesses and the quality of the services.

To this day, ACBA-CREDIT AGRICOLE BANK has organized 55 free trainings for more than 700 representatives of SMEs from about 380 companies. The free trainings are open to all representatives of SMEs operating in Armenia. The schedule of trainings can be found on the website. Participants can register here.

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–

spot_img

POPULAR

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

LATEST NEWS

spot_imgspot_imgspot_img