ArmInfo. ACBA-Credit Agricole Bank has signed a loan agreement with the European Bank for Reconstruction and Development (EBRD) for $ 20 million, which will be used to finance micro, small and medium-sized enterprises affected by COVID-2019.

ArmInfo.

ArmInfo.

ArmInfo.As part of the joint program of ACBA-Credit Agricole Bank and NABU (German Conservation and Biodiversity Union), "Darman" tea, produced in the Tavush region, received a certificate of organic production. According to the press  service of the ACBA-Credit Agricole bank, the producer of organic  <Darman> tea Gnel Nazanyan is already exporting his production to the  markets of the Russian Federation, the USA and France.

ArmInfo.  With the exception of a  general approach to help mitigate the socio-economic consequences of  coronavirus, in particular revising loan maturities and government  support measures, ACBA-Credit Agricole Bank discusses other support  programs for the most vulnerable groups of customers, which is the  Bank's internal approach. This was stated by Hakob Andreasyan, CEO of  the Bank.

ArmInfo.Fitch is revising the outlook on the ratings of Armenian banks towards "Negative", following the same worsening outlook on the sovereign rating of  Armenia. This was reported by Fitch in a report published on April  16.

ArmInfo.ACBA-CREDIT AGRICOLE BANK has allocated 25 million AMD for prevention and treatment of a new type of coronavirus in Armenia. Of these, 2 million drams were donated exclusively by Bank employees.

ArmInfo.Fitch Ratings has  affirmed ACBA-Credit Agricole Bank CJSC's (ACBA) and Ardshinbank  CJSC's (Ardshin) Long-Term Foreign- Currency Issuer Default Ratings  (IDRs) at 'B+' with Stable Outlooks.  The banks' IDRs and senior debt  ratings are driven by their intrinsic strength, as captured by their  'b+' Viability Ratings (VRs).

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.  In order to stimulate the development of SMEs in Armenia, ACBA-Credit Agricole Bank, within the framework of the new format of "My Business, My  Bank" campaign, will present to its customers the products of its  partners, in particular, Armenian teas, dried fruits, honey, drinks,  and cosmetics. ArmInfo was informed about this in the press service  of the bank.

ArmInfo. As a result of cooperation of ACBA-Credit Agricole Bank with the Chinese UnionPay International, the start of servicing UnionPay cards in Armenia was launched. Now UnionPay card holders will have the opportunity to make  payments and cash out money through POS-terminals and ATMs of  ACBA-Credit Agricole Bank in Armenia. ArmInfo was informed about this  in the press service of the Bank.

ArmInfo. Hayastan All-Armenian Fund launched a website working on new technologies and innovative solutions, through which online donations will be carried  out mainly through the electronic POS-terminals of ACBA-Credit  Agricole Bank. This is stated in the official statement of the Bank.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. ACBA-Credit  Agricole Bank in the framework of cooperation with the European Fund  for Southeast Europe (EFSE) takes part in the EFSE MEETING 2019forum  being held in Belgrade.

ArmInfo.ACBA-Credit Agricole Bank, in cooperation with the German NABU (Nature and Biodiversity Conservation Union), held a training seminar for 250 farmers,  laboratory managers, and organic farming business entities to provide  new knowledge and skills in the field of organic agriculture.

ArmInfo.ACBA-Credit Agricole Bank in the framework of the program "My business, my bank" offers a new format of cooperation, providing not only the financing of  business, but also the provision of various non-financial services.  This was reported to ArmInfo in the press service of the bank.