Group 2

ACBA Bank: A Leading Financial Institution in Armenia


5 January 2023

Thanks to providing numerous innovative banking services, ACBA Bank fosters the stable development of the Armenian economy and society.

ACBA was founded during a difficult period for Armenia financing the country’s agricultural sphere. Currently, Acba is represented across the whole territory of Armenia and provides universal banking services. The bank makes high-volume investments for the development of micro, small and medium enterprises; we remain the sole leader in agriculture financing. The bank constantly installs innovative solutions for businesses and integrates or creates innovative tech solutions in Armenia that simplify customers’ daily lives.

The development of “green” farms in Armenia is at the centre of the bank’s attention. ACBA Bank and ACBA Leasing, one of the members of ACBA financial group, have financed the construction of one of the biggest solar stations – Heritage, in Armenia. It is located in the Gegharkunik region in an area of 13 hectares. The station is the only one in the region powered by a sun tracking system. The annual productivity of the plant is 12,300,000 kWh.

ACBA will continue making new Investments for the continuous development of the Armenian economy.

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