Fri, 4 April
8.1 C
Yerevan
USD: 391.32 RUB: 4.67 EUR: 432.53 GEL: 141.78 GBP: 514.27
spot_img

Enjoy ‘Yerevan Wine Days’ with ACBA-CREDIT AGRICOLE BANK

YEREVAN, May 3. /ARKA/. On May 3 and 4 the Saryan and Moskovyan streets in downtown Yerevan will be hosting the “Yerevan Wine Days” Festival. The main sponsor of the event is ACBA-CREDIT AGRICOLE BANK and the American Express cards, which the bank has the exclusive right to issue in Armenia.

The aim of the event is to stimulate tourism in Armenia and ensure the country’s recognition as one of the oldest cradles of winemaking, ACBA-CREDIT AGRICOLE BANK said in a press release today.
It said within the framework of the festival more than 200 types of wines from Armenian wineries will be presented.

“The Bank has been with the real sector of the economy since its establishment, financing projects that are aimed at the development of the economy. I am convinced that such events serve as a stimulus for domestic producers to showcase their products and make them recognizable. Therefore, we could not be indifferent towards all this,” said Artyom Ghazaryan, head of Marketing Communications division at ACBA-CREDIT AGRICOLE BANK.

According to Nune Manukyan, the organizer of the event, ACBA-CREDIT AGRICOLE BANK is one of the companies that always support local producers.

“We also organized the “Areni” Wine Festival. And if ACBA-CREDIT AGRICOLE Bank had not showed support to the villagers, viniculture would not have developed this much, and we would not have this many wine-makers today,” said Nune Manukyan.

About 25,000 people visit the “Yerevan Wine Days” every year, about 40% of them being foreign tourists. The event directly contributes to the development of tourism in Armenia.

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

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img