Fri, 13 June
20.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

ACBA Bank tells about its path, difficulties and sources of inspiration (VIDEO)

YEREVAN, February 17. /ARKA/. The history of ACBA Bank, which took over the financing of agriculture in the newly independent Armenia, began with two rooms, one computer, one printer, several chairs and a table, the press service of the bank reports.

Today the bank’s role in the development of agriculture is irreplaceable.

At the beginning of its activity, the bank had only 10-20 employees. Today there are more than 1500 of them. Instead of a small office, there are 62 branches all over Armenia’s territory. The film tells about the bank’s path, difficulties and sources of inspiration.

The bank is supervised by the Central Bank of Armenia.

ACBA-CREDIT AGRICOLE BANK CJSC (former Rural Support Bank of Armenia, ACBA) was founded in 1995 as part of the European Union TACIS program. In September 2006, the French Banking Group Credit Agricole became the bank’s largest shareholder, making significant capital investments. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

In 2025, income tax refund will not exceed 100 billion drams – SRC head

In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.

Investment opportunities in Armenia discussed by Finance Minister and new ADB President

YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.

LATEST NEWS

spot_imgspot_imgspot_img