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

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

LATEST NEWS

spot_imgspot_imgspot_img