Sat, 21 February
12.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

ACBA Leasing organized and conducted master class on energy efficiency

YEREVAN, June 17, /ARKA/. The ACBA Leasing credit organization organized and conducted a master class designed to help develop energy efficiency. The master class is part of E-FIX project, which in turn is part of a larger European Union’s Horizon 2020 program.

According to a credit organization’s press release, the key speaker at the event was Andreas Karner, the head of E-FIX project.

The master class is designed to introduce modern financing mechanisms for energy-efficient projects, as well as to look into how to carry out new projects through leasing. The addressees are companies involved in solar and renewable energy production and sale of energy-efficient equipment.

“ACBA Leasing’s focus is on the development prospects of the “clean “and” green” farms in Armenia. By combining the opportunities offered by the E-FIX project, we will be able to find new financial mechanisms and solutions to raise awareness of the importance of energy efficiency projects among the broad masses, as well as organize trainings on this topic for representatives of the industry,” ACBA Leasing CEO Arsen Bazikyan said.

According to him, one of the goals is to help representatives of SMEs to use energy-saving equipment in their businesses, which will help reduce costs and protect the environment.

In turn, the head of the E-FIX project Andreas Karner, said that in order to develop clean energy, innovative financing solutions should be developed with a long-term goal. According to him, this will help individuals and businesses not only save money, but also mitigate the climate changes.

“ACBA Leasing has developed a financially efficient product as part of the Green Leasing sub-brand that it has created to stimulate energy-efficient investments. Thanks to these innovative mechanisms, it is now possible to find new financial solutions,” said Karner.

ACBA Leasing was included in the three-year E-FIX project of the Horizon 2020 program in 2018.

ACBA Leasing” credit organization CJSC is the first registered specialized leasing company in Armenia, which was founded on 30 March 2003. Its key objective is to support small and medium-sized enterprises, farms of all economy sectors to obtain equipment and manufacturing devices through medium-term financing. Its main shareholders are ACBA-CREDIT AGRICOLE BANK with 54% and Сredit Agricole Leasing & Factoring – 38%. -0-

spot_img

POPULAR

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img