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From superfast internet to intercom systems and security: Fnet Telecom (VIDEO)
Fnet Telecom, which has a 15-year history and provides fixed communication services in 7 regions of Armenia and all over capital city Yerevan, has been re-equipped with the support of its partner Acba Leasing Company, Acba Bank's press service reports. YEREVAN, 19 December. /ARKA/. Fnet Telecom, which has a 15-year history and provides fixed communication services in 7 regions of Armenia and all over capital city Yerevan, has been re-equipped ...
12/19/2024Acba Leasing offers 0.5% interest rate for purchase of construction, production and warehouse equipment
... and sale of warehouse and packaging equipment. The company, founded in 2006, is one of the largest importers of household appliances in Armenia and is represented on the local market with a wide range of products. As a result of cooperation between Acba Leasing and Metatech, the equipment provided by the company can be purchased through Acba Leasing at an effective annual interest rate of 0.5%, reports the press service of Acba Bank. "Acba Leasing and Metatech have been cooperating for many ...
12/18/2024Roots Furniture: from idea to big Armenian furniture business (video)
... manufacturing is carried out without emission of waste, a special dust removal system has been installed to collect sawdust on the territory of the factory and turn it into fuel, this way solving also the issue of heating. Roots Furniture's partner is Acba Leasing, with whose assistance the company has purchased solar panels and added specialised technology, expanding and automating production and zeroing out electricity costs, according to the Acba Bank press office. ‘Years ago, by delving into ...
12/11/2024High-quality Armenian fish and caviar will be exported
... its production with sturgeon, and now offers a variety of trout species. The fish farm has invested in international experience and special technologies that meet international standards. A partner of ART-FISH in equipping it with modern equipment is Acba Leasing, which also supported the installation of a solar station at the fish farming facility. "Over the years, we have grown unique species of fish. We have 7-8 year old fish from which we can obtain black caviar. ACBA Leasing holds a special ...
11/26/2024A young farmer develops his village through hard work
... village of Arazap, located in the Armavir region. Karen bought modern tractors to cultivate his fields, enabling him to complete the work more quickly and also assist his fellow villagers. Karen’s partner in purchasing the tractors was the company "Acba Leasing," which made land work with the new equipment more efficient. "With the support of Acba Leasing, we purchased new tractors, which have made agricultural work faster and easier: we can now cultivate the soil in a timely manner. Thanks ...
11/25/2024One of Armenia's scientific centers switches to green energy (video)
... Yerevan since 1956, has switched to renewable energy sources. YEREVAN, October 31. /ARКА/. The Research Institute of Mathematical Machines, operating in Yerevan since 1956, has switched to renewable energy sources. As a result of cooperation with Acba Leasing, more than 300 solar panels have been installed on the roof of the institute this year, which will save 14 million drams per year, the press service of Acba Bank reported. "We have an agreement with Acba Leasing, and we have installed ...
10/31/2024Annual interest rate of 0% for buying vehicles from JAC Motors Armenia
Acba Leasing and JAC Motors Armenia have unveiled an unprecedented offer for buying JAC pickup trucks and a wide range of commercial class vehicles with a maturity term of 3 years, actual annual interest rate of 0% and free CASCO insurance....
10/29/2024EBRD, EU partner with ACBA LEASING to support Armenian firms
Micro, small and medium-sized enterprises (MSMEs) in Armenia are to benefit from new funding from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), made available through ACBA LEASING. YEREVAN, October 16. /ARKA/. Micro, small and medium-sized enterprises (MSMEs) in Armenia are to benefit from new funding from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), made available ...
10/16/2024Armenian version of Aznavour's book ‘Life through the eyes of Charles’ presented
With the support of Acba Leasing the Newmag Publishing House and ‘Aznavour’ Foundation, the Armenian version of the book ‘Life through the eyes of Charles’ by the great Armenian Charles Aznavour is presented to Armenian readers. YEREVAN, 14 October. / ARKA/....
10/15/2024Francofest - breath of French literature in Armenia (video)
Under the general sponsorship of Acba Leasing, “Francofest 2024” French Book Festival is held for the second year in a row, contributing to the dissemination of French books, literature and culture in Armenia. YEREVAN, October 14. /ARKA/. Under the general sponsorship of Acba ...
10/14/2024Most modern medical equipment on exceptional conditions from Acba Leasing
The scientific conference ‘Diagnosis and Treatment of Breast Cancer’ was held with the support of Acba Leasing Company, where modern methods of treatment were discussed and many issues were considered. YEREVAN, 12 October. /ARKA/. The scientific conference ‘Diagnosis and Treatment of Breast Cancer’ was held with the support of Acba Leasing ...
10/12/2024Tanik Vayq launches eco-friendly tile production using recycled plastic with Acba’s support
... plastic and sand. The company’s new venture was announced by Acba Bank's press service. These durable and long-lasting tiles are designed for use in urban and residential areas. The company's transition from concept to business was facilitated by Acba Leasing, which provided the necessary financing for the acquisition of production equipment. "We produce environmentally friendly tiles. The plastic we use does not emit harmful substances due to its exposure to direct sunlight, making it safe ...
08/31/2024Armenian-American Wellness Centre in Yerevan furnished with unique medical equipment (VIDEO)
... Yerevan has been furnished with the most modern equipment allowing doctors to quickly and safely conduct various examinations, Acba Bank said in a press release. The Centre has saved the lives of more than 17,000 women during its 26 years of operation. Acba Leasing Company is a partner in furnishing the Armenian-American Welness Centre with the most modern equipment. "A doctor is obliged to serve his/her patient correctly and give comprehensive answers. In this centre, the patient receives all ...
08/05/2024Euromoney recognises Acba Bank as the best bank in Armenia according to ESG criteria
... management system in the bank, within the framework of which it continues to carry out effective financial activities, especially within the ESG criteria. Acba Bank is the founder and 100% shareholder of the first leasing organisation in Armenia ‘Acba Leasing’ (the ‘green finance’ segment accounts for more than 40% of the bank's leasing portfolio) and together with the leading asset manager in Europe, the French company Amundi, founded Amundi-Acba Asset Management in Armenia. Acba Bank is ...
07/23/2024From idea to big business: Armenian Biocotton wants to enter the European market (video)
... are manufactured locally, which provides a high quality product and a competitive advantage. Over the years, Biocotton has expanded and the company's products are now available in overseas markets. In 2022, the company opened a second wet wipes plant. Acba Leasing has been a partner of Biocotton since the first day of its foundation, providing support in equipping the company with modern production lines and equipment. "Our company was founded in 2015. In the beginning, there were very few manufacturers ...
06/21/2024Lease medical equipment at 1% rate
Acba Leasing and SZ Pharma offer discounted leasing terms YEREVAN, June 10. /ARKA/. A partnership between Acba Leasing and SZ Pharma will allow Armenia’s medical companies to lease last-gen medical equipment from Europe, Japan, Canada or the US at ...
06/10/2024Zero interest loans for farmers from Acba Leasing
Thanks to the cooperation between Acba Leasing and Zeppelin Armenia, farmers and businessmen will now have the opportunity to purchase new agricultural machinery and equipment through Acba Leasing without interest. YEREVAN, June 6. /ARKA/. Thanks to the cooperation between Acba Leasing ...
06/06/2024Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)
... village of Ararat region, Acba Bank's press service reports. This is the only company in Armenia that produces water heaters on site - from start to finish. Giacomo uses high quality stainless steel for production, which allows the reuse of the water in food products as well. Acba Leasing partnered with Giacomo to assist the company to acquire he latest generation equipment. "I wish to congratulate Giacomo company on the establishment of this unique production facility and the development of the "green" segment ...
04/17/2024Metalworking plant with unique equipment established in Armenia with the support of Acba Leasing (video)
... products. The company's production facility is equipped with the best and most powerful equipment available on the market, which allows automating the work process from metal acceptance to finished products, all under one roof. The company's partner is Acba Leasing, with the support of which the equipment capable of ensuring the best quality was purchased. "The production is new, the selection of equipment took about a year. It was difficult, there was no experience, there was no similar practice ...
01/10/2024From Dream to Goal: Ohanyan Brandy Company (video)
... fruit vodkas according to a special technology. In 2018, the factory started production of cognacs; the cellars for aging cognac and fruit spirits were expanded. In 2023 Ohanyan Brandy Company opened a new factory in Yerevan and continued its work here. Acba Leasing became its partner in Yerevan, with the support of which it was replenished wit the most modern equipment, the press service of Acba Bank reported. "Our company is the first company that started producing strong alcoholic fruit drinks....
11/22/2023Flexopack: from zero to international market (video)
... printing but also post-publishing work. The company does the entire work - from design development to printing, including mold making, vacuum, sealed bags and labels. Materials used in the production of packages are allowed for direct contact with food products and comply with international standards. Flexopack's partner is Acba Leasing, with the assistance of which the company acquires new equipment, Acba Bank's press service reported. "Our printing house emphasizes speed and quality. We are engaged in flexo printing: from self-adhesive labels to printing food packaging ...
11/13/2023Acba Bank continues to develop 'green' finance instruments in Armenia
... of issuing green bonds. Acba is also currently enabling many green finance instruments such as trade finance products, loans for green businesses, solar power plants and water heaters, community energy efficiency programs, and the possibility to use Acba Leasing's Green leasing sub-brand Acba Leasing products from Acba Bank branches. "Acba Bank attaches great importance to environmental protection and development. Back in 2011, together with the International Finance Corporation (IFC), we developed ...
10/31/2023Armenian Kilikia beer is competitive in the world market (video)
... materials and technology; at the production facility that uses modern equipment almost all processes are automated. The company's laboratory controls the process: the beer undergoes all inspections before going on sale. The company’s production partner is Acba Leasing, which assisted the brewery to acquire European-manufactured equipment - from beer aging containers to refrigeration equipment and automatic flow lines. The brewery, which holds more than 50% of the local beer market, was able thanks to the ...
10/25/2023Acba Leasing's partner FULL COOL refrigeration facility can store up to 10 thousand tons of products (video)
... store their products in FULL COOL refrigerators for as long as they wish. The company has also started its own production of canned goods - various compotes, jams and marinades, which are exported to Europe. FULL COOL buys products for producing canned food directly from local farmers, and employs also local workersfor the production. FULL COOL's partner is Acba Leasing Company, with the assistance of which the trefrigerating facility has re-equipped refrigerators and added new machinery - a hoist, as well as equipment for bottling, brewing and packaging. The company has already established its own intensive ...
10/20/2023Acba Leasing offers JAC vehicles on exclusive leasing terms (VIDEO)
With the signing of a memorandum Acba Leasing, EV Motors Group and Chinese company JAC strengthened exclusive cooperation, the key goal of which is to create mutually beneficial conditions for Armenian businesses. YEREVAN, September 12. /ARKA/. With the signing of a memorandum ...
09/12/2023Latest generation geothermal hydroponic greenhouse established in Kotayk with support of Acba Bank (VIDEO)
... from the very beginning believed in the idea of the two friends to create an innovative greenhouse, reports the bank's press service. "None of this would have been possible so quickly without a trustworthy partner. In this sense, Acba Bank and Acba Leasing responded quickly and 'shared' our innovative investment case. Not all innovations can be successful, but our partners believed in us and we continue to develop together," says Davit Karamyan, co-founder of Hatisi Barikner. Currently,...
08/11/2023Aсba Leasing's portfolio registers record growth
Acba Leasing, the first leasing organization in Armenia and the absolute leader of the country's leasing market, is presenting the best offers at the specialized Leasing Expo 2023. YEREVAN, June 5. /ARKA/. Acba Leasing, the first leasing organization ...
06/05/2023Ayb School: educating generations
... is a direct participant in education. Here it is important that the young generation is also responsible for the environment. The Ayb School prioritizes continuous development and increasing cost efficiency. The school uses "green" energy. Acba Leasing is the partner in creating an alternative source of energy for Ayb School. The solar plant will relieve the school of the financial burden, reduce costs, providing long-term savings. A 400 kW solar power plant with more than 1000 panels provides ...
05/29/2023The secret of wine's special taste and aroma: Areni Winery
... used to make in the past. We started cooperating with Acba Bank back when it was called Armenian Peasant Mutual Aid Bank. Our new production hall is the latest result of our cooperation. We don't limit ourselves to that. We have borrowed equipment from Acba Leasing, our cooperation is multi-sectoral," says Tigran Simonyan, the director of Areni winery. There is a small café next to the winery, where guests from different parts of the world leave handwritten notes. See the video for details. ...
05/02/2023Acba Leasing offers purchase of Fiat trucks on lease at interest rate starting from 0%
With the aim of helping companies modernize their production capacities Acba Leasing offers to obtain Fiat trucks from Fine Cars of Armenia on lease starting from 0% actual interest rate. YEREVAN, December 10. /ARKA/. With the aim of helping companies modernize their production capacities Acba Leasing offers to obtain ...
12/10/2022Acba Leasing offers purchase of agro-food equipment on leasing at rates starting from 0.63%
To assist business entities to reequip their equipment Acba Leasing offers purchase of necessary tools on leasing under a government assistance program at actual interest rates starting at 0.63%, the press-service of Acba Bank reported. YEREVAN, December 5. /ARKA/. To assist business entities to reequip ...
12/05/2022Acba Bank takes part in seminar on development of "green" trade
... management procedures through which it regulates those areas of client activity that the bank cannot finance or can provide financing in case of additional and detailed analysis of social and environmental impact. As for concrete actions, Acba Bank and Acba Leasing, a member of ACBA financial group, have so far financed over AMD 20 billion worth projects in energy efficiency and renewable energy sector. We are also planning to enter the green bonds market," Poghosyan said, adding that in 2016 Acba ...
11/14/2022Acba Bank is the largest donor to the Insurance Foundation for Servicemen
... Foundation, facilitating quick resolution of its current problems. In the framework of "Let's turn one into two" initiative Acba Bank allocated over 4mln drams to the Insurance Foundation for Servicemen. Other members of Acba Financial Group - Acba Leasing and Amundi-ACBA Asset Management provided 10 million and AMD 20 million drams respectively to the Foundation. At the end of 2021, the total financial assistance of Acba Financial Group to the Foundation amounted to over 220 million drams....
11/01/2022Acba Bank invests in all sectors of economy providing more than 173 billion 350 million drams in loans (video)
... million drams, and has deferred another 146,000 loans. The bank has also forgiven 436 loans of the soldiers killed in the war and those who went missing, worth more than 250 million drams. In addition, Acba Bank, other members of Acba Financial Group, Acba Leasing and Amundi-Acba Asset Management, has donated more than 400 million drams to Hayastan All-Armenian Fund, the Military Insurance Fund and provided funds for offsetting the consequences of the coronavirus pandemic and resolution of social issues ...
10/13/2022WineWorks gives new breath to Armenian winemaking (video)
... varieties of Armenian grapes. The company makes its own wines and provides winemaking services to other companies as well. WineWorks is a specialized company, contributing to the development of Armenian winemaking with its experience and technologies. Acba Leasing is WineWorks' partner assisting the company in acquiring production equipment. "We have purchased most of our equipment through Acba Leasing, which is our number one partner for the only reason – large experience and quicker process....
07/22/2022Green technologies boost business efficiency (PHOTO, VIDEO)
Top managers of Acba Leasing and the EBRD Green Economy Financing Facility (GEFF) in Armenia organized a meeting for businessmen to tell them how to invest their money properly, how to take advantage of government subsidy programs to manage their own economy more wisely ...
07/08/2022Acba Leasing announces rebranding (video)
ACBA Leasing, the first and leading company in Armenia's leasing market, has announced its rebranding. YEREVAN, June 22. /ARKA/. ACBA Leasing, the first and leading company in Armenia's leasing market, has announced its rebranding. Work, dedication ...
06/22/2022ACBA Leasing: on the road to achievement
Armenia's first specialized leasing company - ACBA Leasing - was founded 18 years ago. Initially, its staff consisted only of employees of Acba Bank, later the staff expanded and grew, the company's press service said today. YEREVAN, June 18. /ARKA/. Armenia's first specialized leasing company ...
06/18/2022Specialized Tesla electric car showroom opens in Armenia (VIDEO)
... YEREVAN, June 6. /ARKA/. A specialized Tesla electric car showroom –Tesla Energy-has opened in Armenia offering smart, modern and desirable vehicles of all the models manufactured by the famous company. The exclusive partner of Tesla Energy is ACBA Leasing, which offers purchase of cars on favorable terms. Thanks to ACBA Leasing individuals can make only a10% down payment, buy an electric car Tesla and pay the rest within 7 years. With AMD payments the annual interest rate for individual buyers ...
06/06/2022Business entities in Armenia can lease equipment with subsidies at rates starting from 0%
Acba Leasing Company provides business entities in Armenia with an opportunity to modernize their capacities either for setting up new or expanding existing productions as part of the government-designed program "Measures to modernize the economy,...
04/26/2022Superintensive and intensive orchards are established in Armenia with the assistance of Acba Leasing
... ArLeAM has been growing world-famous fruit species since 2016. The seedlings were brought from the Netherlands and Italy: 4 varieties of apples, 2 varieties of pears and 4 varieties of apricots. ArLeAM's partner in intensive and smart agriculture is Acba Leasing Company. ArLeAM has installed a unique flow sorting line, having organized the full chain of fruit production - from growing to consumption. The flow line control is fully computerized with sorting speed, workload of production tables, size ...
04/04/2022Armenian law to restrict exit of leased vehicles from country
... current law does not regulate this issue, which results in various problems, particularly, if a leased vehicle leaves Armenia for a foreign country and does not return the leasing company has no way to return its asset. Minasyan cited data provided by ACBA Leasing company which says that during the past year 303 leasing contracts were concluded, 4 vehicles left Armenia and did not return and the whereabouts of 10 more are unknown. The proposed amendments allow leasing companies to restrict the exit ...
03/23/2022Dimension Investments acts as the Sole Market Maker of ACBA Bank’s common shares trading on AMX
... bank is one of the leading financial institutions in Armenia, providing universal banking services to its customers. The bank serves 400,000 customers through a network of 63 branches served by over 1,500 employees. ACBA financial group also includes ACBA Leasing, the leader in the leasing market and the first specialized leasing company in Armenia, and Amundi-ACBA Asset Management, one of the two pension fund managers in Armenia. About Dimension Investments Founded in 2018 and with capabilities ...
02/11/2022Surgeon and economist start a new business (video)
... hydroponic greenhouse on 5000 square meters of land in the village of Hovtashat, Ararat province and have started growing European varieties of tomatoes. The field is completely new to them; therefore, there were many problems and difficulties. From day one ACBA Leasing, the partner of the two friends, believed in their idea of creating a greenhouse. It not only provided finance for the creation of the greenhouse, but also provided professional advice. Now the yield of the greenhouse is 40-45 tons per year....
01/21/2022Production of exclusive fruit dryer machines launched in Armenia
... dryers. It works both on electricity and solar energy. Due to the energy savings, the cost of dried fruit is quite low. The first portable dryer in Armenia was purchased by ArLEam Company within the framework of the state subsidy program financed by ACBA Leasing. With ACBA Leasing financing, it is possible to purchase the dryers under the state supported agricultural equipment leasing program at a 0% interest rate. "We are introducing a new offer and are confident that it will make a great contribution ...
12/09/2021Made in Armenia: Agata’s products selling already abroad (video)
... been producing polyethylene fiber, filler, Armenian linen and bedding for ten years. In production, the international experience is also used and there is an exchange of experience with invited designers. The sewing factory’s production partner is ACBA Leasing, with the support of which modern equipment was purchased, having raised production to a qualitatively new level. “I didn’t have the opportunity to buy new equipment with new technology for my business, but in cooperation with ACBA Leasing ...
11/05/2021Armenian Helicopters takes to the sky in partnership with ACBA Leasing (video)
... was purchased for 6 passengers. And the third, ambulance helicopter, was already a necessity for transporting patients. In 2019, negotiations began with Airbus, and specifically by order of the Armenian company, H125 was acquired in partnership with ACBA Leasing. “We started negotiations with ACBA Leasing, and a decision was made to purchase the H125 helicopter. After the successful completion of the negotiations, we purchased the H125, which became the first helicopter sold by Airbus to Armenia,...
10/28/2021Aregi: the flavor of Armenia created with warmth of sun (video)
... company, the founders combined the process of making traditional Armenian dried fruits with innovative approaches and by using modern equipment, which make the products competitive in the international market. The company’s partners are Acba bank and ACBA Leasing. "After materializing our first idea, we realized that that we needed to invest in our business. With the financial support of Acba bank and ACBA Leasing we acquired our first Armenia-made electrical equipment. After that we switched ...
10/04/2021Four new poultry houses founded at Nubarashen poultry farm in partnership with ACBA Leasing
In partnership with ACBA Leasing, four new poultry houses equipped with the latest technology were founded at the Nubarashen poultry farm, the press service of Acba bank said today. YEREVAN, September 22. /ARKA/. In partnership with ACBA Leasing, four new poultry houses ...
09/22/2021Some $5 million will be distributed by Acba for financing ‘green economy’ projects in Armenia
As a result of cooperation between Acba bank, ACBA Leasing and the Green Economy Financing Facilities (GEFF) Program of the European Bank for Reconstruction and Development (EBRD), some $5 million will be distributed for the development of the ‘green economy’ in Armenia through financing business ...
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