Friday, November 20 2015 17:39
Alina Hovhannisyan

ACBA-Credit Agricole Bank holds regular business seminars for SMEs

ACBA-Credit Agricole Bank holds regular business seminars for SMEs

ArmInfo. ACBA-Credit Agricole Bank was the first bank to launch business seminars for small and medium enterprises. The businessmen learn how to promote and develop business in all stages at the regular business seminars. As the press-service of the Bank informed ArmInfo, the next seminar will be held between November 24 and 27. At the last seminar the participants were presented the five most actual topics, and through these topics the participants were shown how to upgrade their theoretical and practical knowledge of business process management and use of marketing tools.

According to the source, from now on not only Bank's clients but also those small and medium business holders, who are not bank clients may also participate in theseminars organized by the bank.  The customers who would like to participate in the seminar may sign up for the trainings by calling the bank's call center 010 31 88 88 or by visiting any Bank branch in Yerevan.

According to the Financial Rating of Armenian Banks by the Agency of Rating Marketing Information (ArmInfo), as of 1 July 2015, the share of SME lending in ACBA Credit Agricole Bank's loan book was over 22% or almost 47 bln AMD (5th position in the banking system).  To note, "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.  Over the last ten years, the Bank's branch network has grown 6-fold to 56 (second place in the market), including 41 branches in the provinces of Armenia. The Bank is among the top five banks by its key parameters.

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