Monday, December 11 2017 12:35
Alina Hovhannisyan

Companies of ACBA Leasing and Semina Consulting set favorable conditions for winemakers

Companies of ACBA Leasing  and Semina Consulting set  favorable  conditions for winemakers

ArmInfo. The leasing company  ACBA Leasing (http://www.acbaleasing.am/) and the consulting company  Semina Consulting (http://semina.am/) signed a memorandum on  cooperation in creating favorable conditions for winemakers in  Armenia. As the press service of the company told ArmInfo, the  document was signed by the general director of "ACBA Leasing" Arsen  Bazikyan and the executive director of Semina Consulting Vahe  Keushguerian.

"Currently, ACBA Leasing is developing new, more flexible financial  instruments that, through leasing, will open up new opportunities for  winemakers to implement new projects and concepts." Cooperation with  Semina Consulting is very important for us, because combining their  work in the field of winemaking and accumulated by us, many years of  experience in the financial sector will help to provide assistance to  local winemakers at all stages of business, "said Arsen Basikyan,  General Director of ACBA Leasing.

"High-quality wine can be produced only from quality grapes, and no  one knows better than the farmers the potential of the land on which  this grapes are grown, therefore, first of all, investments should be  aimed at farmers." The project provides for professional advice to  farmers regarding winemaking, and at the same time with this help  them to create their own business, "said Vahe  Keushguerian,  Executive Director of Semina Consulting.

It should be noted that the company "Semina Consulting", located in  Armenia, offers consulting services in the field of winemaking, and  also provides support to winemakers in terms of strategic development  and marketing management. The company's goal is to develop the wine  culture and modernize the rapidly growing sphere of the winery. Vahe  Keushguerian - founder of "Semina Consulting", has been working in  the wine business since 1990. He owned and managed vineyards and  wineries in Toscana  and Puglia.

It should be noted that ACBA-Leasing is the first leasing company of  Armenia, founded in 2003. The shareholders are the French company  Credit Agricole Leasing & Factoring and the Armenian ACBA- Credit  Agricole Bank. ACBA-Leasing is the leading leasing company in the  Armenian market, its coverage reaches 80%.  According to the  Financial Rating of Banks and Credit Companies of Armenia prepared by  IC ArmInfo, the volume of leasing operations increased by 11% in  2016, making 16.7 billion drams. The volume of leasing operations of  ACBA-Leasing by January 1, 2017 amounted to 13.1 billion drams with  an annual growth of 12%. In the total volume of leasing operations of  banks and credit companies, the share of ACBA-Leasing is 78.5%.


News
Promise of Deputy Prime Minister: The price of gas will not increase  for socially disadvantaged groupsPromise of Deputy Prime Minister: The price of gas will not increase  for socially disadvantaged groups
First Istanbul-Yerevan flight of Pegasus Airlines is scheduled for  February 2First Istanbul-Yerevan flight of Pegasus Airlines is scheduled for  February 2
CMTPL e-policies continue to grow rapidly in Armenia, approaching  quarter of total number of contractsCMTPL e-policies continue to grow rapidly in Armenia, approaching  quarter of total number of contracts
Dairy products with milk fat substitutes and/or other additives will  be placed on separate store shelves in Armenia: ProjectDairy products with milk fat substitutes and/or other additives will  be placed on separate store shelves in Armenia: Project
Armenia`s Public Service Regulatory Commission approves sale of Filor Ventures Limited, Rostelecom`s  only foreign assetArmenia`s Public Service Regulatory Commission approves sale of Filor Ventures Limited, Rostelecom`s  only foreign asset
Hovhannes Khachatryan elected Deputy Head of Central Bank of ArmeniaHovhannes Khachatryan elected Deputy Head of Central Bank of Armenia
In 2021, EBRD portfolio in Armenia was record-breaking-$175 millionIn 2021, EBRD portfolio in Armenia was record-breaking-$175 million
Expert: Rise in energy prices in Armenia is a consequence of wrong,  uncalculated decisions of the authoritiesExpert: Rise in energy prices in Armenia is a consequence of wrong,  uncalculated decisions of the authorities
Economy Ministry announces launch of program to assist textile  industry in ArmeniaEconomy Ministry announces launch of program to assist textile  industry in Armenia
Government is preparing programs to support domestic producers in  view of lifting of embargo on Turkish importsGovernment is preparing programs to support domestic producers in  view of lifting of embargo on Turkish imports
Armenian NPP and Rusatom Overseas to sign Memorandum of UnderstandingArmenian NPP and Rusatom Overseas to sign Memorandum of Understanding
Vahagn Khachatryan to head Armenian-Bulgarian intergovernmental  commission on economic and scientific-technical cooperationVahagn Khachatryan to head Armenian-Bulgarian intergovernmental  commission on economic and scientific-technical cooperation
Minister of Health of Armenia will head intergovernmental commission  on trade and economic cooperation with LithuaniaMinister of Health of Armenia will head intergovernmental commission  on trade and economic cooperation with Lithuania
Ministry of Economy: Armenia intends to reach 7% economic growth in  2022Ministry of Economy: Armenia intends to reach 7% economic growth in  2022
Labor productivity in Armenia is lower than EAEU averageLabor productivity in Armenia is lower than EAEU average
Acba Bank Brings Apple Pay to Customers. A safer, more secure and private way to pay with iPhone and Apple WatchAcba Bank Brings Apple Pay to Customers. A safer, more secure and private way to pay with iPhone and Apple Watch
By the end of 2022, inflation in Armenia will decrease to 4 +/-1.5%:  Candidate for Deputy Governor of Central BankBy the end of 2022, inflation in Armenia will decrease to 4 +/-1.5%:  Candidate for Deputy Governor of Central Bank
 Converse Bank Brings Apple Pay to Customers  A safer, more secure and private way to pay with iPhone and Apple Watch Converse Bank Brings Apple Pay to Customers A safer, more secure and private way to pay with iPhone and Apple Watch
Armenia`s premier chairs discussion of wine industry development  prospects  Armenia`s premier chairs discussion of wine industry development  prospects  
Ardshinbank Brings Apple Pay to CustomersArdshinbank Brings Apple Pay to Customers
Cash circulation to be restricted in Armenia from July 1, 2020Cash circulation to be restricted in Armenia from July 1, 2020
Environmental protection ARMENAL`s priorityEnvironmental protection ARMENAL`s priority
Armenia`s Minister of Economy appointed Armenian-Moldavan Economic Cooperation Commission co- chairArmenia`s Minister of Economy appointed Armenian-Moldavan Economic Cooperation Commission co- chair
Armenia`s minister of economy appointed co-chair of Armenian-Kazakh Economic Cooperation  CommissionArmenia`s minister of economy appointed co-chair of Armenian-Kazakh Economic Cooperation  Commission
Armenia`s Minister of Economy appointed co-chair of Armenian-Kyrgyz Economic Cooperation  CommissionArmenia`s Minister of Economy appointed co-chair of Armenian-Kyrgyz Economic Cooperation  Commission
In 2021, the number of subvention programs in Armenia exceeded the  two-year figureIn 2021, the number of subvention programs in Armenia exceeded the  two-year figure
ANIF Fund will invest about USD 1.4 million in transport and cargo  transportation fieldANIF Fund will invest about USD 1.4 million in transport and cargo  transportation field
Food Safety Inspectorate of Armenia imposes restrictions on import of  number of goods from Kazakhstan, Russia, Czech Republic and PolandFood Safety Inspectorate of Armenia imposes restrictions on import of  number of goods from Kazakhstan, Russia, Czech Republic and Poland
Only 5.5% of the highway was built under North-South program in 12  yearsOnly 5.5% of the highway was built under North-South program in 12  years
President of Armenia at meeting with Executive Director of Mubadala  noted Armenia`s interest in investments from  UAEPresident of Armenia at meeting with Executive Director of Mubadala  noted Armenia`s interest in investments from  UAE
The influx of foreign investment in the Armenian economy grew by  October 2021 due to a jump in FDIThe influx of foreign investment in the Armenian economy grew by  October 2021 due to a jump in FDI
EDB analysts presented the first in this year macroeconomic review:  Economic activity in Armenia increased by 5.2%EDB analysts presented the first in this year macroeconomic review:  Economic activity in Armenia increased by 5.2%
Armenian president`s visit results: Wizz Air Abu Dhabi to start  flights to YerevanArmenian president`s visit results: Wizz Air Abu Dhabi to start  flights to Yerevan
Armenia`s president meets with Masdar company CEOArmenia`s president meets with Masdar company CEO
The price of gas at the border in 2022 was regulated by an additional  agreement to the contract of 2013 - Ministry of Territorial  Administration and InfrastructuresThe price of gas at the border in 2022 was regulated by an additional  agreement to the contract of 2013 - Ministry of Territorial  Administration and Infrastructures
Vahan Kerobyan will head Armenian-Belarusian intergovernmental  commission on economic cooperation from Armenian sideVahan Kerobyan will head Armenian-Belarusian intergovernmental  commission on economic cooperation from Armenian side
Fly Arna, Armenia s national airline plans to launch air flights at  the end of MayFly Arna, Armenia s national airline plans to launch air flights at  the end of May
Gnel Sanosyan to head the Armenian-Turkmen intergovernmental  commission on economic cooperation from the Armenian sideGnel Sanosyan to head the Armenian-Turkmen intergovernmental  commission on economic cooperation from the Armenian side
Pashinyan formed working group for effective implementation of work  on construction program of small- medium reservoirsPashinyan formed working group for effective implementation of work  on construction program of small- medium reservoirs
Export of goods up to one million drams in Armenia will be exempt  from customs dutiesExport of goods up to one million drams in Armenia will be exempt  from customs duties
Armenia`s government grants loan to Armenian NPP Armenia`s government grants loan to Armenian NPP 
FLYONE ARMENIA launches Yerevan-Istanbul-Yerevan flightsFLYONE ARMENIA launches Yerevan-Istanbul-Yerevan flights
Armenian government to increase funding for subvention programs in  border communitiesArmenian government to increase funding for subvention programs in  border communities
Armavir leader in land purchase-and-sale deals Armavir leader in land purchase-and-sale deals 
2-fold YoY increase in real estate business in Yerevan 2-fold YoY increase in real estate business in Yerevan 
Results of the review of regulatory framework for advancing “green finance” in Armenia presented to stakeholdersResults of the review of regulatory framework for advancing “green finance” in Armenia presented to stakeholders
Armenian banks` client base up by 3.8% by Nov. 2021 Armenian banks` client base up by 3.8% by Nov. 2021 
9.7% year-on-year rise in housing prices in Armenia`s regions by Dec.  2021 9.7% year-on-year rise in housing prices in Armenia`s regions by Dec.  2021 
WB GDP growth forecast unchanged for Armenia WB GDP growth forecast unchanged for Armenia 
Armenian government minimizes contacts between tax authority and  taxpayerArmenian government minimizes contacts between tax authority and  taxpayer
33 587 children were born in Armenia in 11 months33 587 children were born in Armenia in 11 months
Wheat importers used bankruptcy as a tax evasion: SRCWheat importers used bankruptcy as a tax evasion: SRC
Issue of introducing universal income declaration system for  individuals was discussed at meeting chaired by Nikol Pashinyan Issue of introducing universal income declaration system for  individuals was discussed at meeting chaired by Nikol Pashinyan 
Service sector of Armenia reached 7.3% growth by December 2021Service sector of Armenia reached 7.3% growth by December 2021
Trade sector in January-November increased turnover by 7.9% per annumTrade sector in January-November increased turnover by 7.9% per annum
Telecommunications revenue of Armenia increased by 4.5% in 11 monthsTelecommunications revenue of Armenia increased by 4.5% in 11 months
Air passenger traffic increased 2.7fold over 11 monthsAir passenger traffic increased 2.7fold over 11 months
Armenian textile industry continues to demonstrate progressive growth  ratesArmenian textile industry continues to demonstrate progressive growth  rates
Alcohol industry in Armenia has increased production volumesAlcohol industry in Armenia has increased production volumes
Armenia`s metallurgical industry accelerates y-o-y growth rate to  double digitsArmenia`s metallurgical industry accelerates y-o-y growth rate to  double digits
Read more


Exchange rates
19.01.2022
RUB6.300.02
USD481.650.13
EUR546.14-2.60
GBP655.67-0.35
CAD385.881.40
JPY42.060.06
CNY75.70-0.10
CHF525.88-0.54