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

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Central Bank of Armenia Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

LATEST NEWS

spot_imgspot_imgspot_img