ArmInfo. ACBA-Credit Agricole Bank has already held 36 business seminars involving over 400 businessmen from 250 small and medium-sized enterprises (SMEs). The press office of the Bank has told ArmInfo that the next business seminar will be held on 3-4 October 2016.
The seminar content was prepared in close collaboration with the International Finance Corporation (IFC). The participants take part in training courses by the best advanced methods.
To attend the event, SME representatives are required to contact the Bank's call-center: (010) 31 88 88 (81- 85, 81-49) or register at the Bank's branches in Yerevan, the addresses of which are available at https://www.acba.am/hy/about-bank/Branches-and-ATMs.
ACBA-Credit Agricole Bank was the first bank in Armenia to launch regular free business seminars to assist its SME customers. Last year the Bank also made the seminars available for non-customer SMEs. In 2016 business seminars took place on Feb 23-26 and on May 24-27. The seminars cover such topics as efficient management, financial management, practical marketing. The SME entities represent a number of fields such as services, trade, industry, agriculture, etc.
According to ArmInfo's Financial Rating of Armenian Banks, by 1 July 2016, SMEs accounted for nearly 18% of the Bank's loan portfolio or about $71mln. ACBA-Credit Agricole Bank's SME finance portfolio accounted for almost 6% of the total SME finance in the banking system of Armenia.
"ACBA-Credit Agricole Bank" CJSC has been operating in Armenia since 1995. Since September 2006, the majority shareholders of the Bank have been Credit Agricole S.A. (15.56%) and SJSC "Sacam International" (part of Credit Agricole S.A - 12.44%). Along with them, 10 agricultural cooperative unions hold shares in the capital of ACBA- Credit Agricole Bank. By the coverage of the branch network and the number of regional branches, the Bank holds the second position. According to the key balance sheet figures, ACBA-Credit Agricole Bank is among the TOP-5. -n-
