AGBA Leasing and the Union of Employers of Armenia signed a  memorandum of cooperation on the development of Armenian SMEs

ArmInfo.The leasing company AGBA Leasing and the Republican Union of Employers of Armenia (RSRA) signed a memorandum of cooperation, under which the parties will  contribute to the development and modernization of enterprises, in  particular SMEs, green economy, stimulation of domestic equipment  production, export growth, competitiveness, improved working  conditions and othersAs noted by the Executive Director of the AGBA  Leasing Arsen Bazikyan, cooperation with the RSRA will create an  opportunity for SMEs and employers, including members of the Union,  to receive interesting proposals for business development.

In particular, to have a full package of leasing services, which, in  addition to financing, provides for the promotion and resolution of  various issues, including those related to suppliers, insurance,  consulting, transportation costs, VAT refunds. 

At the same time, according to A. Bazikyan, those who will be the  beneficiaries of this program will be able to receive a free energy  audit. In addition, collaboration with the RSRA will help raise  awareness among entrepreneurs and employers about leasing services  and opportunities.- he  said.Answering the question of ArmInfo, A. Bazikyan noted that at the  moment the company cooperates with 14 funds, and implements over 30  leasing programs.

According to him, the memorandum also contains an educational  component, implying training in the proper and safe use of modern  equipment, and contributing to increasing productivity.Recall that  the AGBA Leasing is the first leasing company in Armenia, founded in  2003. AGBA Leasing is a member of the ACBA-Credit Agricole financial  group. The holder of a 100% stake in AGBA Leasing is the Armenian  ACBA-Credit Agricole Bank. -0-Note that RSRA was established in  November 2007 and is a self- financing, self-governing, non-profit  organization whose activities are aimed at improving the business  environment and protecting the business community. RSRA unites 29  territorial and sectoral unions and has about 13896 members.  Employees working as members of the RSRA constitute 40% of total  employment in the private sector of Armenia.