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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. It has 57 branches countrywide and had its IPO in 2021.

See also

• Armenian dram
• Economy of Armenia
• List of banks in Armenia

References

1. ^ "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. ^ "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.

• Banks of Armenia