Acba Bank

Last updated
Acba Bank
Type OJSC
Industry Banking, Financial services
Founded1996
Headquarters Yerevan,
Number of locations
58 branches (2017 [1] )
Key people
Hakob Andreasyan (CEO)
Products Credit 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] )
Website www.acba.am

The Acba bank was established in 1996, within TACIS program of the European Union. It is the biggest bank in Armenia for agriculture financing, especially in rural areas. [2] [3] It has 57 branches country-wide and had its IPO in 2021. [3] [4]

See also

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References

  1. 1 2 3 4 5 6 7 "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. 1 2 "EBRD provides local currency loan to Armenia's ACBA-Credit Agricole Bank". armenpress.am. Retrieved 25 June 2018.
  4. "Dimension Investments is chosen by ACBA Bank as the Sole Market Maker of its Common Shares listed on AMX". armenpress.am. Retrieved 2022-08-19.