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

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

LATEST NEWS

spot_imgspot_imgspot_img