Fri, 6 March
6.1 C
Yerevan
USD: 377.59 RUB: 4.82 EUR: 438.31 GEL: 138.06 GBP: 504.01

Aсba Leasing’s portfolio registers record growth

YEREVAN, June 5. /ARKA/. Acba Leasing, the first leasing organization in Armenia and the absolute leader of the country’s leasing market, is presenting the best offers at the specialized Leasing Expo 2023.

Most of the companies participating in the Leasing Expo 2023 are long-term partners of Acba Leasing, showcasing their innovative solutions and modern machinery – from agricultural equipment to solar panels, vehicles and construction equipment.

“The Leasing Expo 2023 is another good opportunity to meet representatives of the business sector and exchange thoughts and ideas. We have been in the market for more than 20 years and we have many partners and customers who have been with us all this time and we are moving forward together. Almost all of our partners that started a partnership relationship with us once, become our permanent partners. In the last 4 years, Acba Leasing’s portfolio has quadrupled and currently amounts to 70 billion drams. According to the contracts signed in 2023, it will amount to 100 billion drams. I would like to mention that in 2022, the entire portfolio of the Armenia’s  leasing market stood at around 100 billion drams,” said Acba Leasing General Director Aghasi Gasparyan.

Acba Leasing has been making large-scale investments in the real sector of the economy for 20 years and has been registering record growth year after year.

Acba Leasing also actively participates in state-subsidized programs, contributes to the development of all sectors of the country’s economy- from small farms located in border areas to SMEs, which are the driving force of the economy.

Acba bank is 100% shareholder of Acba Leasing.

Acba Leasing is controlled by the Central Bank of Armenia.

For more details watch  the video. -0-

spot_img

POPULAR

Inflation of 4.3% Recorded in Armenia in February

Twelve-month inflation in Armenia's consumer market in February of this year stood at 4.3%, according to a report from the Statistical Committee.

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

Armenia ratified an agreement with IBRD on $80 million water supply modernization program

At its meeting on Wednesday, the National Assembly of Armenia ratified the credit agreement with the International Bank for Reconstruction and Development (IBRD, the structure of the World Bank) under the program of improving water supply and irrigation services in Armenia.

Euro to Armenian dram exchange rate fell by 5.41 points, while dollar and ruble exchange rates changed little

The average market exchange rate for the US dollar to the Armenian dram, determined on March 2, 2026, increased by 0.11 points compared to February 27, reaching 376.99 drams.

Byblos Bank Armenia introduces the Mastercard World card

Byblos Bank Armenia has introduced its new Mastercard World card, offering numerous benefits both in Armenia and abroad.

LATEST NEWS

spot_imgspot_imgspot_img