YEREVAN, November 6. / ARKA /. ACBA -CREDIT AGRICOLE BANK has opened today a new branch in Nor Nork administrative district in Yerevan.

The bank said in a statement it is the ninth branch in the capital city, located at 16/46, Gay Avenue.
Overall, ACBA -CREDIT AGRICOLE BANK operates 47 branches in all regions of Armenia and Yerevan.

ACBA -CREDIT AGRICOLE BANK (formerly the Agricultural Cooperative Bank of Armenia) was established in 1995 as part of the EU TACIS program. In September 2006, the French Credit Agricole bought a large stake in it becoming its largest shareholder. .-0-