{"id":28416,"date":"2011-10-19T08:02:12","date_gmt":"2011-10-19T08:02:12","guid":{"rendered":"https:\/\/armbanks.am\/2011\/10\/19\/233942\/"},"modified":"2024-12-15T12:53:19","modified_gmt":"2024-12-15T12:53:19","slug":"acba-credit-agricole-bank-opens-new-branch-in-yerevan","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/10\/19\/28416\/","title":{"rendered":"ACBA-CREDIT AGRICOLE BANK opens new branch in Yerevan"},"content":{"rendered":"<p><strong>YEREVAN, October 19. \/ARKA\/. <\/strong>ACBA Credit Agricole Bank said today it has opened another branch in Yerevan on October 18. In a press release the bank said the new branch called Armenia is designed to handle financial flows of individuals and economic entities. The branch is equipped with ultra-modern technology and meets the latest European standards.<\/p>\n<p>&#8220;Our goal is that customers in this branch are served as customers are served in Paris, Zurich or New   York,&#8221; Stepan Gishian, the bank CEO, was quoted as saying.<\/p>\n<p>Central Bank governor Arthur Javadyan said ACBA-Credit Agricole Bank has a 15 years experience and is constantly seeking to expand and has been a leading bank over the last three years. The opening of the branch was attended by senior state officials, businessmen, ambassadors and representatives of international organizations.<\/p>\n<p>ACBA-Credit Agricole Bank was founded in 1996 as part of the EU TACIS program. Among its major shareholders are French Credit Agricole SA (15.56%, SACAM International (12.44%) as well as farmers unions of Armenia, including Armavir region that owns 14.08% and Ararat region that owns 12.28%.<\/p>\n<p>On June 30 its assets totaled 192.7 billion drams, growing by 14.56% from the beginning of the year and accounting for 10.93% of all bank assets in Armenia. The bank loan portfolio grew in the first half of the year by 17.5%, to over 133 billion drams (11.3% of the total loan portfolio of the banking system). Its capital reached more than 42.1 billion drams, having increased in comparison with the beginning of the year by 6.98% (11.95% of the total capital of the banking system). In the first six months of the year it earned over 3 billion drams in profits, almost a 59% rise from a year earlier. ($ 1-375,40 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ACBA-CREDIT AGRICOLE BANK said today it has opened another branch in Yerevan on October 18.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15909,12219,449],"class_list":{"0":"post-28416","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-acba-credit-agricole-bank-2","9":"tag-branch","10":"tag-449"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/28416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=28416"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/28416\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=28416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=28416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=28416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}