ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

Key Highlights for 2025

Knowledge and Education

A total of twenty-four professional courses were conducted for representatives of farms (372 participants, with an average age of 45). From 2022 to 2025, around 800 beneficiaries took part in these courses. Subjects included high-value crop cultivation, beekeeping, and hospitality management.

Experience Exchange

A crucial factor for success in agriculture is learning from best practices. Eight group visits were organized (113 participants). In total, 41 visits (approximately 285 participants) took place from 2023 to 2025, featuring trips to several leading agricultural organizations in Armenia.

Startup Support

Ten new startups received funding. Since the program’s inception, 72 startups have been supported, with 73% of them already registered as businesses as a result of this initiative.

Community Development

The ACBA Federation has backed community development projects, promoting the execution of local ideas. Out of 95 applications received, five new rural tourism programs were selected and funded.

Support for Winemaking and Export Development

In partnership with GIZ and the Armenian Viticulture and Winemaking Foundation, the Winesofarmenia.store platform was launched to boost sales and orders of Armenian wines within the European Union.

The year 2025 marked a significant success in advancing a more knowledge-driven, competitive, and sustainable agricultural sector. The ACBA Federation’s mission remains steadfast—to create opportunities that nurture communities and rural culture across Armenia.

The ACBA Federation is the primary stakeholder in ACBA Bank, holding over 75% of the bank’s shares.-0-

spot_img

POPULAR

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img