Thu, 4 September
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

ACBA-CREDIT AGRICOLE BANK supports SMEs by financial and non-financial services

YEREVAN, September 20. /ARKA/. In the framework of cooperation with the European Fund for Southeast Europe (EFSE) ACBA-CREDIT AGRICOLE BANK is participating in the conference “EFSE MEETING 2019”, being held in Belgrade, Serbia.

The Bank said in a press release today that prospects for the development of micro and small enterprises was the subject of discussion of about 300 representatives of international financial institutions and investors.

Addressing the conference, ACBA-CREDIT AGRICOLE BANK Deputy CEO Arsen Melkonyan presented the prospects for development of small and medium enterprises in Armenia and also non-financial services, designed by the bank to boost the development of SMEs.

“In addition to providing financial services to SMEs, ACBA-CREDIT AGRICOLE BANK has been providing also non-financial services for five years already. The Bank currently organizes free courses on 13 different topics, helping SMEs improve their business management, stimulate sales, make marketing services more efficient and, in general, helps them to form a new management culture in business. We highly value the trust of our partners and are proud of their achievements,” Melkonyan said.
The cooperation of ACBA-CREDIT AGRICOLE Bank and EFSE was launched in 2013 to promote the development of micro, small and medium-sized enterprises.

ACBA-CREDIT AGRICOLE BANK was established in 1996 as part of European Union’s TACIS program. In September 2006, France’s Credit Agricole Group became the biggest shareholder of the bank making considerable investments into its capital. Today it is one of the largest banks in Armenia and is represented across the country. -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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.

LATEST NEWS

spot_imgspot_imgspot_img