Mon, 23 February
14.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

ACBA-CREDIT AGRICOLE BANK unveils new format of cooperation as part of “My business, My bank ” initiative

YEREVAN, November 25. /ARКА/. As part of a new format of cooperation called ‘My Business, My Bank,’ designed for the development of small and medium-sized business in Armenia, ACBA-CREDIT AGRICOLE BANK is showcasing the products of its partners in its own branches.

Locally produced teas, dried fruits, honey, beverages and cosmetics are presented daily to thousands of the Bank customers, the Bank said today in a press release.

“At present, our partners’ products are displayed in three branches, however, we plan to expand the display to other branches. Given the large number of customers visiting our branches daily, this initiative gives our partners the opportunity to make their businesses and products more recognizable, as well as to find new partners. For the past 5 years, ACBA-CREDIT AGRICOLE BANK has been assisting agricultural producers in obtaining organic certification, which provides additional competitive advantage in exporting goods to Europe and elsewhere. The Bank’s free business courses aim to provide Armenian SMEs with the tools that will help them to run their businesses more confidently and risk-free,” said Suren Hovhannisyan, the head of ACBA-CREDIT AGRICOLE BANK SMEs Department.

ACBA- AGRICOLE CREDIT BANK launched the “My Business, My Bank” campaign in 2018. Its goal is to provide SMEs with non-financial services in addition to financial solutions. This is the first ever combination of financial and non-financial services. -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

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 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.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img