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

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img