ACBA-CREDIT AGRICOLE BANK gets status of depository account operator

30.04.2013 13:58
ACBA-CREDIT AGRICOLE BANK gets status of depository account operator

YEREVAN, April 30./ARKA/. ACBA-CREDIT AGRICOLE BANK is awarded the status of a depository account operator, it reported to ARKA on Tueesday.

“It means from now on the bank will be a broker in recording the register of the Central Depository’s stock companies, and saving the corporate  securities of the owners,” the bank said.
The stock companies, the registers of which were recorded by the Central Depository, can now sign contracts via the bank.

ACBA-CREDIT AGRICOLE BANK was established in 1996 as a part of European Union’s TACIS program. French Credit Agricole S.A. holds 15.56% of the bank’s shares and SACAM International JSC 12.44%. The remaining shares belong to farmers’ unions in Armenia’s ten provinces, including Armavir (14.08%) and Ararat (12.28%). -0—-


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