Friday, August 25 2017 16:28
Alina Hovhannisyan

ACBA-Credit Agricloe Bank expands the theme and geography of business seminars for SMEs - this time, the hotel business

ACBA-Credit Agricloe Bank expands the theme and geography of business seminars for SMEs - this time, the hotel business

ArmInfo. ACBA-Credit Agricloe Bank continues to expand the subject and geography of business seminars for SME representatives.

According to the press service of the Bank, the next three-day business seminar was held in Goris (Syunik region) with the participation of about 15 representatives of SMEs. Lectures concerned the development of tourism, and also touched upon new topics: "Marketing of hotel services", "Providing hotel services", "Attention to guests" and "Motivation and retention of staff". It should be noted that to date, ACBA-Credit Agricole Bank held 53 business seminars in which over 650 representatives of SMEs from 400 organizations operating in the sphere of services, trade, industry and agriculture took part. Representatives of the management of the bank read lectures for businessmen, and topics touch on such areas as effective management and marketing.

According to the Financial Rating of Armenian Banks, as of July 1, 2017, in the credit portfolio of ACBA- Credit Agricole Bank, the share of SMEs in the loan portfolio of ACBA-Credit Agricole accounts for about 20% or $ 86.4 million (41.5 billion AMD) with annual growth of 22.8%, but only for II quarter of this year.  By 10.8%. In total investments of banks in this sphere, the share of ACBA-Credit Agricole Bank reaches 7%. "ACBA-Credit Agricole Bank" CJSC has been operating in Armenia since 1995. Since September 2006, the largest European banking group Credit Agricole SA has been the majority shareholder of the bank. With a 15.56% equity interest, followed by the participation of SJSC Sacam International (a member of the Credit Agricole SA group) in the amount of 12.44%, along with which there are 10 regional Unions of Peasant Mutual Assistance). In terms of coverage of the branch network, the bank is included in the TOP-5, and according to the number of regional branches, the third position is held. According to the main balance sheet indicators, ACBA-Credit Agricole Bank holds positions in TOP-5.

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