Sun, 22 February
11.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Acba bank opens 63rd branch at Garage Mall

YEREVAN, September 3. /ARKA/. The Acba bank has opened its 63rd branch in Garage Mall, located at 1, Mazmanyan Street in Yerevan. The new branch will offer the full range of Acba Bank’s services.
“To be closer and more accessible to our clients and partners, we continue developing the Acba Bank’s branch network. Garage Mall is the 19th branch of the bank in Yerevan and 63rd in the country. We strive to work according to the logic “only forward” and, as always, will make every effort to provide high-quality banking services to our clients,” said Acba bank CEO Hakob Andreasyan.
Acba Bank said until September 30 inclusive, special terms and conditions will apply for the following services at the Garage Mall branch:
• When opening a Classic Deposit for a period of 12-24 months in Armenian drams, the annual interest rate will be 9.5% (1% higher), if the deposit is in US dollars – the interest rate is 4.05% (0.3% higher). When opening a Family Deposit for a period of 10 months or more in Armenian drams, the annual interest rate will be 8.5% (1% higher), in the US dollars – 3.55% (0.3% higher).
• Visa Classic cards will be served free of charge during the first year,
• American Express Cashback cards will be served with a 50% discount during the first year,
•American Express Blue cards will be served with a 50% discount,
• Express Business loans in Armenian drams will be provided at the nominal interest rate of 10.5-12.2%.
• Visa Business and ArCa Business cards will be served free of charge for founders and heads of legal entities who sign an agreement on servicing payment cards at the Garage Mall branch and / or conclude an agreement on online servicing.
The Garage Mall branch will be open from Monday to Friday from 09:30 to 18:00 (settlement and cash services from 09:30 to 16:30). –0–

spot_img

POPULAR

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img