Thu, 18 September
21.1 C
Yerevan
USD: 382.59 RUB: 4.62 EUR: 452.83 GEL: 140.01 GBP: 522.58

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img