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

Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

Idram and IDBank Support Startups at Seaside Startup Summit

Thousands of ideas and numerous participants - all in one place.

Euro jumped 3.71 points against the Armenian dram: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.43 points on July 30, 2026, compared to July 29, to 366.63 drams.

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img