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

Wildberries and Unibank in Armenia Launch Installment Purchase Service

Wildberries, in partnership with Unibank, will provide customers in the Republic of Armenia with the opportunity to purchase goods in installments.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  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 June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

LATEST NEWS

spot_imgspot_imgspot_img