Acba Bank and Association of Accountants of Armenia sign Memorandum of Cooperation

YEREVAN, August 4. /ARKA/. The Acba Bank and the Association of Accountants of Armenia signed a Memorandum of Cooperation within the framework of Acba Business Club, the press service of the bank reported.

It said under the memorandum the parties will cooperate in such issues as providing related information, development, increasing competitiveness and protection of rights of Acba Business Club members.

As part of the Memorandum, Acba Business Club members will be provided with packages of legislative amendments (including new approved legal acts) and bills  developed based on the results of weekly discussions on “Impact assessment of legislative amendments” organized by the Association’s expert accountants and auditors. This will help the beneficiaries of the Acba Business Club to run their businesses more efficiently.

Legislative problems encountered by Acba Business Club beneficiaries, hindering business activities will be collected as part of collaboration and  in the form of suggestions for improvement will be submitted to government agencies.

Acba Bank and the Association of Accountants of Armenia will also organize working meetings for the members of Acba Business Club to identify problems related to the area and find solutions.

SME managers under the sub-brand “Acba Business Partner” will be  given an opportunity to acquire new knowledge and tools necessary for management, establish new business relations, as well as become members of the business community.

Under the Acba sub-brand SME managers will

– Participate in free business trainings,

– Become a member of the Acba Business Club,

– Take advantage of the online business platform sme.acba.am,

– Improve the recognition of their products by participating in the project “Made by our partners”.

Acba Business Club is a platform that allows SME managers to establish new business relations, participate in thematic events, be in the center of business events, as well as take advantage of special offers from partner organizations.

Acba Business Club is the start of new perspectives and opportunities for business.

The Bank is controlled by the Central Bank of Armenia.-0-

spot_img

POPULAR

The Power of One Dram to ‘’Vahe Meliksetyan’’ Foundation

The April beneficiary of ‘’The Power of One Dram’’ initiative was the “Davitbek Games” Foundation.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img