Tue, 17 June
21.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Acba Bank and NABU review results of competition announced as part of “Development of organic agriculture” program

YEREVAN, June 16. /ARKA/. The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have reviewed the results of a competition announced as part of a jointly implemented program “Development of organic agriculture” in 2020-2021, the press service of the bank reported today.

It said the competition took into account applicants’ prospects for the export of certified organic products, the environmental impact of the project, the possibility of creating new jobs, as well as the work of economic entities in border areas and a number of other factors.

This year, with the assistance of the program, 18 small and medium-sized business entities and individual entrepreneurs will receive certifications for their products.

The list of the winners of the competition can be found here.

The program “Development of organic agriculture” is annual and Acba Bank’s partners are welcome to join. it.

Acba Bank and NABU have been jointly implementing this program since 2015, which is aimed at stimulating the development of organic agriculture in Armenia and assisting producers. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro to Armenian dram exchange rate increased slightly – Central Bank data

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 10, 2025, decreased by 0.29 points compared to June 10 and amounted to 383.25 drams.

Freedom Broker Armenia analytics: A practical tool for navigating the market

Freedom Broker Armenia is strengthening its expert support for investors through the development of its own analytical platform.

CBA introduces Master Documentation for Derivatives and Repurchase Transactions in Armenia

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.

Armenia’s banking system dominates the financial system’s asset structure with a share of 83% and an indicator of 11 trillion drams – head of...

The assets of the banking system continue to make up the overwhelming majority of the financial system's assets - about 83%, or about 11 trillion drams, said the head of the Central Bank of the republic Martin Galstyan, presenting a report on financial stability for the past year.

LATEST NEWS

spot_imgspot_imgspot_img