ACBA-CREDIT AGRICOLE BANK helps Vanadzor municipality to conduct traditional “Harvest Festival”

YEREVAN, October 10. / ARKA /. ACBA-CREDIT AGRICOLE BANK said today it had helped the municipality of Vanadzor, Armenia’s third largest town and the administrative capital of Lori province, to conduct the traditional “Harvest Festival.”

“This festival is the outcome of farmers’ work. Our partners have grown this harvest, and today everyone is proud of the result of the joint work. While creating the bank, the main task was to assist the Armenian farmers, and what is very important, today we support them not only through financing, but also offer innovative solutions and contribute to the technological integration in agriculture, said the head of ACBA-CREDIT AGRICOLE BANK branch in Lori Ara Davtyan.

According to him, it is also important that the bank carries out trainings for farmers to raise the level of their financial literacy. “We are sure that this chain will bring positive results,” Davtyan said.
At the harvest festival, ACBA-CREDIT AGRICOLE BANK was allocated a separate pavilion to showcase its best offers designed specifically for farmers.

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

Unibank will not increase fixed-adjustable interest rates on loans secured by real estate

Unibank has decided to keep unchanged the fixed-adjustable interest rates on consumer and mortgage loans secured by real estate, which were scheduled to increase starting from May 2026.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 26, 2026, fell by 0.27 points compared to May 25, to 367.74 drams.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

LATEST NEWS

spot_imgspot_imgspot_img