Acba Leasing invests AMD 220 bln in 5 years in development of Armenian economy (video)

YEREVAN, April 17. /ARKA/. Acba Leasing proudly stands as the leading force in Armenia’s leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025. During this exhibition, Acba Leasing will showcase outstanding offers from the leasing market.

As a trusted long-term partner for small, medium, and large enterprises, as well as for individual entrepreneurs and farmers—who are vital to Armenia’s economy—Acba Leasing has made significant contributions over the past five years. The company has invested around AMD 220 billion in initiatives that bolster Armenia’s economic development.

In just five years, Acba Leasing has successfully tripled the total volume of financing for contracts, playing a key role in creating new jobs and enhancing production capacities across various sectors.

Moreover, ACBA Leasing is committed to financing “green” projects, which helps promote energy-efficient and environmentally sustainable solutions throughout Armenia.

In the past year, ACBA Leasing has successfully secured AMD 17.3 billion to support “green” initiatives, leading to impressive results under its “Green Leasing” sub-brand.

The leasing portfolio for these eco-friendly projects totals AMD 42.53 billion, representing over 43% of ACBA Leasing’s current overall leasing portfolio.

From the outset, ACBA Leasing has focused on fostering innovative agriculture, significantly enhancing the agricultural landscape of Armenia. The company actively finances the purchase of modern equipment and machinery, thus boosting the sector’s efficiency and competitiveness.

By the end of 2024, ACBA Leasing’s leasing portfolio and financed assets in circulation reached approximately AMD 120 billion. Notably, ACBA Leasing stands as the leading taxpayer among credit organizations, and it operates under the ownership of ACBA Bank, which holds 100% of the shares.

The Central Bank of the Republic of Armenia provides oversight for ACBA Leasing. For more details, check out the video.

spot_img

POPULAR

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

LATEST NEWS

spot_imgspot_imgspot_img