Tue, 4 March
2.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

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

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img