ACBA Leasing and Avangard Motors come out with another exclusive offer

YEREVAN, December 18. /ARKA/. ACBA Leasing and Avangard Motors company, summing up the “Count and Buy” promotion campaign, have come out with another exclusive offer, the press service of ACBA-CREDIT AGRICOLE BANK said today.

It said when purchasing any of Avangard Motors lineup vehicles through ACBA Leasing until the end of this year, the buyer may enjoy the following advantages: annual interest rate of 0.01% (in cases of paying in Euro), 10% prepayment, 1% commission, a CASCO insurance policy at 2.5-2.75%, 2 years maturity and no additional payments.

According to Aghasi Gasparyan, CEO of ACBA Leasing, as a result of cooperation with Avangard Motors, the total value of leased cars in 2019 amounted to about 4 billion drams.

“The recorded result is impressive, and we decided not to stop there. We have developed another proposal, thanks to which our partners will have the opportunity to purchase a car from the entire Avangard Motors lineup by the end of the year at terms, unprecedented at Armenia’s leasing market,” he said. At the same time, Gasparyan expressed hope that this new proposal will also receive a wide response.

ACBA Leasing is a member of the financial group ACBA-CREDIT AGRICOLE BANK. It is the absolute leader in the leasing market of Armenia.

ACBA was established in 1995 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. ($1 – 477.44 drams). -0-

spot_img

POPULAR

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img