Acba Bank to Support Armenian Exports

YEREVAN, July 21. /ARKA/. To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

Annual factoring interest rate: Euro – 4.9%; US Dollar – 6.9%.

Financing fee: 0.3% of the invoice amount, but not less than 5,000 drams.

This offer is open to organizations operating in Armenia engaged in the export of goods or services.

Thanks to export factoring provided by Akba Bank, local manufacturers and service providers will be able to export their products and services to the European Union, the UAE, the USA, China, and many other countries.

With this offer, Acba Bank creates an opportunity for Armenian companies to increase their competitiveness and expand their export reach worldwide.

The bank is controlled by the Central Bank of the Republic of Armenia.

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