ACBA Federation and German NABU were instrumental in opening honey tasting room in the village of Martuni

YEREVAN, December 16. /ARKA/. The ACBA Federation and the German Nature and Biodiversity Conservation Union (NABU) were instrumental in opening a honey tasting room in the village of Martuni, the ACBA -CREDIT AGRICOLE BANK said in a news release today.

It said following in his grandfather’s steps, the beekeeper Hayk Hovhannisyan built small houses and also a guest house for apitherapy near the beehives. He represents the fourth generation in the family of beekeepers who have been introducing the experience and the skills of decades inherited from their grandfather, who emigrated from Van (now in Turkey), into the production of honey

The seasoned beekeeper says that his partners contributed greatly to his achievements in the field of agro tourism. He was able to build up his business thanks to the Rural Tourism Development Program implemented jointly by the ACBA Federation and the German Nature and Biodiversity Conservation Union.
“I was able to complete the third floor of the guest house. I see that the tourism business in Armenia is developing,” Hovhannisyan said.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.

Founded in 1899, NABU encompasses more than 520,000 members and sponsors, who commit themselves to the conservation of threatened habitats, flora and fauna, to climate protection and energy policy. NABU`s main objectives are the preservation of habitats and biodiversity, the promotion of sustainability in agriculture, forest management and water supply and distribution, as well as to enhance the significance of nature conservation in our society. -0-

spot_img

POPULAR

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img