ACBA-Credit Agricole Bank

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ACBA Credit Agricole Bank
CJSC
IndustryBanking, Financial services
Founded1996
HeadquartersYerevan,
Number of locations
58 branches (2017 [1])
Key people
Hakob Andreasyan (CEO)
ProductsCredit cards, consumer banking, corporate banking, investment banking, mortgage loans
Total assets
Total equity
OwnersSacam International SJSC (5%); "ACBA FEDERATION" CJSC (95%) [1]
Number of employees
1501 (2018 [1])
Websitewww.acba.am

The ACBA bank was established in 1996, within TACIS program of the European Union. It is the leading bank in Armenia for agriculture financing, especially in rural areas.[2][3] It has 57 branches country-wide.[3]

See also[edit]

References[edit]

  1. ^ a b c d e f g "ACBA Financial Report 2018" (PDF). 2019. Retrieved 28 June 2020.
  2. ^ "Fitch assigns a 'В+' rating to ACBA-CREDIT AGRICOLE Bank". PanARMENIAN.Net. Retrieved 25 June 2018.
  3. ^ a b "EBRD provides local currency loan to Armenia's ACBA-Credit Agricole Bank". armenpress.am. Retrieved 25 June 2018.