‘Drunk cheese’: new branch of Armenian business (video)

YEREVAN, February 12. /ARKA/. In 2012, the Mikaelyan family decided to leave behind the city life and return to the town of Gavar to start their own business. Spouses Marine and Arman produce unique varieties of cheese, which is new on the local market. Many tourists from different countries visit their cheese plant to taste “drunk” cheese made using wine and brandy.

ACBA-CREDIT AGRICOLE BANK is assisting the Mikaelyan family in translating their new ideas into business. Arman and Marina periodically participate in free business training courses, which the bank has been organizing for 5 years already, to gain new knowledge in business management.

“A need arose to attract financial resources and additional funds, and ACBA-CREDIT AGRICOLE BANK is the bank that offers the best agro solutions. Also, and this is specific outside the country, the bank gives you the opportunity to gain new knowledge and skills for making smart decisions. Through training you can gain knowledge, which can help in making the right decisions and making the right use of available finances. In addition, as a result of the training, I decided to get travel services on the electronic site,” says Arman.

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. -0-

spot_img

POPULAR

Armenia’s public debt in the first half of the year amounted to 5.1 trillion drams, down 3.5% – Finance Ministry

Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

EBRD Bonds Worth 5 Billion AMD Listed on AMX

Bonds of the European Bank for Reconstruction and Development (EBRD) with a total nominal value of 5,000,000,000 AMD have been listed on the Armenia Securities Exchange (AMX), the AMX press service reported.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

LATEST NEWS

spot_imgspot_imgspot_img