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

Food prices account for 57% of inflation in Armenia – WB

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Demand and potential economic problems: head of the Central Bank of Armenia named the reason for the rate hike and the conditions for its...

The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

LATEST NEWS

spot_imgspot_imgspot_img