ArmInfo. Head of the Shirak regional administration Artur Khachatryan and Chief Executive Officer of ACBA-Credit Agricole Bank Hakob Andresyan signed a memorandum on cooperation, in which the parties intend to unite their efforts for SME development in Shirak district, improving the welfare of communities and stimulating tourism. This is stated in the official message of the Bank.

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

ArmInfo. VTB Bank (Armenia), together with the international payment system MasterCard first in the banking market of Armenia launches Noncontact PayPass MasterCard payment cards.  The press service of the Bank told ArmInfo, by means of contactless cards MasterCard PayPass customers can very simply pay for purchases on the card via POS-terminals equipped with contactless technology.

ArmInfo. ACBA-Credit Agricole Bank on August 18 will publicly place its dollar-denominated coupon three-year bonds in the amount of $ 5 million with an annual yield of 5.5%. ArmInfo was told in the press service of the Bank that this issue contains 50,000 bonds with a face value of $ 100. Coupon payments are provided once every six months.

ArmInfo. VTB Bank (Armenia) expands its line of loan products and presents a new offer on the banking market of the Republic of Armenia - consumer loans issued on the basis of the customer's "Maternity Capital" accounts with VTB Bank (Armenia). The press service of the Bank informed ArmInfo about this.

ArmInfo.In the first half of  the year, the banking system of Armenia sent 21.9 billion AMD to the  state treasury, which is 12.9% higher than the figure of a year ago.  Of this amount, over 89% or 19.6 billion was paid on direct taxes  (including income tax and income tax), with an annual growth of  12.6%.

ArmInfo. ACBA-Credit Agricole  Bank connected to Easy Pay' online payment system, through which  terminals the bank's customers can now pay for services.

ArmInfo. ACBA-Credit Agricole  Bank announces the start of the action with a draw for American  Express cardholders. As the press service of the bank told ArmInfo,  by September 10 this year, by making a purchase at any retail outlet  or service center in Armenia or another country for the amount  starting from AMD 1 thousand (or in currency equivalent), cardholders  will have an opportunity to take part in the draw of Four smartphones  iPhone 7.

ArmInfo. To activate the bond  market of Armenia, a national scale of ratings is needed. Arshinbank  Risk Management Director Artak Arzoyan expressed this opinion in an  interview with ArmInfo, explaining that local investors and borrowers  dominate the national financial market, and an internal credit rating  is required for the issuance of debt securities of certain  categories.

ArmInfo. ACBA-Credit Agricole Bank  plans to enter the bond market of Armenia with the medium-term USD  tranche within the next 2 months. As Stepan Zakinyan, Deputy Chief  Executive Officer for the financial part of ACBA-Credit Agricole  Bank, told ArmInfo correspondent, the circulation period of the USD  tranche will be 2.5 years. "This will be an experimental release,  which will enable us to understand the market reaction and investors'  appetites," he said.

ArmInfo. Armenia's bond market  is well organized, and the environment created by regulators helps  attract investors. This opinion was voiced by the chief treasurer of  the Black Sea Trade and Development Bank (BSTDB) Christopher Best on  June 29 during a press conference timed to the placement of the first  AMD BSTDB bond issue, underwriters and market makers of which were  ARARATBANK and Future Capital Market".

ArmInfo. Fitch Ratings assigned ACBA-Credit Agricole a "B +" rating with a "Long-term Issuer Default Rating" (IDR) rating. In the Fitch report, a solid core of internal financial viability determines assigning this very rating level to the bank.

ArmInfo. The Armenian  government in its new program for 2017- 2022 envisages, together with  the Central Bank, to take steps to increase the availability of  financial instruments and the formation of long-term pension savings,  the infusion of which into the real sector will stimulate the  development of the economy and increase investment.

ArmInfo. ACBA Credit-Agricole Bank presented at the third annual banking conference in the countries of the South Caucasus and Central Asia - Caucasus SME Banking Club Conference-2017 in Tbilisi launched in 2013 non-financial banking products.  In particular, holding free business seminars for SMEs, and providing the best experience gained during this period. This is stated in the official message of the Bank.

ArmInfo. Armenian Agriculture Minister Ignatiy Araqelyan within the working session met with the representatives of the banking system of Armenia, in particular, with the head of the department of stability and development of the banking system of Armenian Central Bank Andranik Grigoryan, General Director of ACBA Credit-Agricole Bank Hakob Andreasyan and the Director General of VTB Bank (Armenia) Yuri Gusev.

ArmInfo. Armenian companies do  not realize the value and importance of digital technologies as new  possibilities for business development. The director of the Armenian  representation of the corporation Microsoft Liana Korkotyan expressed  this opinion to the journalists on May 30 during the joint event with  the Bank ACBA-Credit Agricole "Digitalization of business".    

ArmInfo. ACBA-CREDIT AGRICOLE  BANK and Microsoft Corporation will help small and mid-scale  businesses in Armenia in digitalization, the bank's press office  reported on Tuesday. 

ArmInfo.

ArmInfo. ACBA-Credit Agricole Bank   expands the business- workshops thematic  for MSE  - now the  participants got an options to learn about the better style of  management - adaptive or reality-oriented. According to the  information of the press office of the bank, about 30 participants  from high ranked personnel of MSE admitted the workshop dedicated to  adaptive management. 

ArmInfo. Beeline announces the launch of cooperation with Inecobank in the sector of consumer lending.  According to the company's press service, Beeline notes that the loans will be provided with maturity of 36 months and 0% annual interest rate. Beeline subscribers will be able to receive AMD 30 000 up to AMD 1 million loans.