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

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img