Wed, 30 July
36.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img