Armenian tea on sale in Germany with help of ACBA-CREDIT AGRICOLE BANK and German NABU

YEREVAN, March 6. /ARKA/. Armenian herbal teas “Sari Tey” (Mountain Tea), exported to Germany in 2018, are already on sale in TeeGschwendner’s chain stores and on its website as part of a joint project ‘Development of Organic Agriculture,’ which is implemented by ACBA-CREDIT AGRICOLE BANK and the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany.

ACBA-CREDIT AGRICOLE BANK said today in a press release that as a result of negotiations, a new agreement was reached at BIOFACH international exhibition of organic products to continue the export of Armenian herbal teas and increase the supplies.

The joint project ‘Development of Organic Agriculture” has been carried out in Armenia since 2015 in cooperation with ACBA-CREDIT AGRICOLE BANK and NABU Armenia. As a result of this project, companies and farmers recognized as winners in a pre-negotiated competition were able to acquire an organic producer certificate and increase their export prospects incomparably.

ACBA-CREDIT AGRICOLE BANK and NABU will continue this free project. Information about the start of the project for 2019-2020 can be found by visiting the official website of the bank www.acba.am.

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

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Ranking of Armenia’s Largest Credit Institutions by Asset Volume in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total assets for the first quarter of 2026.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first quarter of 2026.

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img