Acba Bank

Acba Bank
Company type	OJSC
Industry	Banking, Financial services
Founded	1996
Headquarters	Yerevan, Armenia
Number of locations	58 branches (2017 )
Key people	Hakob Andreasyan (CEO)
Products	Credit cards, consumer banking, corporate banking, investment banking, mortgage loans
Total assets	AMD 311,023 mln. (2017) ; AMD 283,272 mln. (2016) ;
Total equity	AMD 60,217 mln. (2017) ; AMD 56,595 mln. (2016) ;
Owners	Sacam International SJSC (5%); "ACBA FEDERATION" CJSC (95%)
Number of employees	1501 (2018 )
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 countrywide and had its IPO in 2021.^[3]^[4]

References[edit]

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

[ACBA-1] ^ ^a ^b ^c ^d ^e ^f ^g "ACBA Financial Report 2018" (PDF). 2019. Retrieved 28 June 2020.

[fitch-2] "Fitch assigns a 'В+' rating to ACBA-CREDIT AGRICOLE Bank". PanARMENIAN.Net. Retrieved 25 June 2018.

[ebrd-3] "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.

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