Thursday, October 22 2015 17:17
Karina Melikyan

Solar energy collectors installed at Vanadzor branch of Orran charitable organization with support of ACBA-Credit Agricole Bank

Solar energy collectors installed at Vanadzor branch of Orran charitable organization with support of ACBA-Credit Agricole Bank

ArmInfo. ACBA-Credit Agricole Bank keeps supporting installation of solar energy collectors. This time the solar energy collectors have been installed at the Vanadzor branch of the Orran charitable organization. The press office of the Bank has told ArmInfo that Shtigen Company will carry out the technical maintenance of the collectors. Due to these facilities, hundreds of children and pensioners will be supplied with hot water round-the-clock. In addition, the expenses for hot water supply will considerably decline. Over 100 children aged 6-16 and 30 pensioners attend the Vanadzor branch. In addition, there are 5 common interest groups at the branch. 

 
This charitable step is one of the priority programs of the Bank. But this is not the first installation of solar energy collectors with the support of ACBA-Credit Agricole Bank. Last year the Bank launched 
the solar collector installation process, solving the hot water supply problem at the kindergartens and pre-school establishments in 6 near-border villages and at the Intensive Care Center of Kosh.   
 
Within the framework of corporate social responsibility, ACBA-Credit Agricole Bank keeps implementing programs aimed at promoting environmental ideas. The Bank has installed solar energy collectors at its head office and 14 branches.  
 
"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.
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