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

Armenia’s public debt in the first half of the year amounted to 5.1 trillion drams, down 3.5% – Finance Ministry

Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.

EBRD Bonds Worth 5 Billion AMD Listed on AMX

Bonds of the European Bank for Reconstruction and Development (EBRD) with a total nominal value of 5,000,000,000 AMD have been listed on the Armenia Securities Exchange (AMX), the AMX press service reported.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

AMX held government bond placement and exchange auctions totaling approximately 38 billion drams

Yesterday, the Armenia Securities Exchange held a government bond placement auction totaling 35 billion drams and exchange auctions totaling over 2.9 billion drams.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

LATEST NEWS

spot_imgspot_imgspot_img