Sun, 8 February
3.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Acba Bank fosters open and trusting relationships with its shareholders

YEREVAN, September 16. /ARКА/. Aсba Bank conducted its second meeting with shareholders and investors in a new format, reviewing the results of the first half of 2025, as reported by the bank’s press service.

Through these meetings, the bank cultivates an environment of mutual trust with shareholders and investors, establishing a new culture of corporate governance.

“Through such meetings, we are creating a new culture of corporate governance. Every quarter, we convene meetings with our clients and investors to present our performance metrics. As an open joint-stock company, we aim to provide shareholders with comprehensive information about our operations, allowing them to understand the direction in which the bank is progressing, how it is evolving, and the successes, challenges, and risks involved. We successfully concluded the last half of the year, achieving profits that exceeded our expectations. I believe we will finish the year with even better results than anticipated,” stated Aсba Bank CFO Stepa Zakinyan. “Currently, Aсba is the company with the highest share activity on the Armenian Stock Exchange and the sole entity through which ongoing and large-scale transactions are conducted. The bank’s operations and financial performance are highly effective, ensuring strong results,” remarked Aram Kayfajyan, CEO of the Armenian investment firm Armbrok.

Acba Bank is regulated by the Central Bank of Armenia.-0-

spot_img

POPULAR

Preserving Armenia’s Cultural Heritage: Unique Monasteries and Historical Sites Documented (VIDEO)

Starting in 2023, the Identity Foundation began documenting Armenia's centuries-old monasteries, churches, and cultural monuments.

In January, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback

In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

LATEST NEWS

spot_imgspot_imgspot_img