Sat, 9 August
35.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Acba bank launches Organic Agriculture Development Grant Program 2021-2022

YEREVAN, March 4. /ARKA/. Acba bank, in partnership with the German Nature and Biodiversity Conservation Union (NABU), has launched the Organic Agriculture Development Grant Program 2021-2022.

According to an Acba bank press release, economic entities, farmers and agronomists that will be recognized as winners of the competition announced within the frameworks of the program will be able to obtain certificates of organic food producers through joint financial support of the bank and NABU and improve substantially the prospects for exporting their products.

Economic entities interested in participating in the tender for the program “Development of Organic Agriculture 2021-2022” can send applications until March 31, 2021.

The free joint program of the Acba bank and Germany’s Nature and Biodiversity Conservation Union (NABU) – ‘Development of Organic Agriculture’, designed to stimulate the development of organic agriculture and help producers of the sector, was launched in 2015. –0–

spot_img

POPULAR

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Loan portfolio of Armenian banks in first half of 2025 amounts 7.1 trillion drams -UBA

The loan portfolio of the 17 Armenia-based commercial banks increased to 7.1 trillion drams in the first half of 2025, up from 6.4 trillion drams in the same period of 2024, according to Daniel Azatyan, the head of the Union of Banks of Armenia (UBA).

Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

LATEST NEWS

spot_imgspot_imgspot_img