YEREVAN, December 19. / ARKA /. Students who received student loans from ACBA-CREDIT AGRICOLE BANK from 25th of August to 19th of December to pay their tuition fees will be entitled to take part in a raffle scheduled for December 20 in Moscow cinema.

The raffle will be conducted only among the students who will be present at the event, the bank said in a press release. It will award six prizes that students can choose by themselves. The prizes include six-month tuition fee, a laptop or iPad (laptop and iPad are for students studying abroad).

The participants must have identity documents. Each participant will be given also a ticket to watch a recently shot Armenian movie called "Super Mom" that will be screened immediately after the event.

On the same day the bank will conduct another raffle for holders of Visa Student cards. This year it will be conducted for students holding major and active Visa Student cards of ACBA-CREDIT AGRICOLE BANK. Cards, which were used to make at least one payment or non-cash transaction will also take part .

The second raffle will also offer six prizes. A student studying in Armenia and holding Visa Student card, who will win the raffle will be offered to choose either a six- month tuition fee or a cell phone Samsung Galaxy S5 Mini Duos. Winning students studying abroad will get cell phones Samsung Galaxy S5 Mini Duos. Prizes will be awarded to winners, which will provide poof of being students until January 31, 2015.

ACBA was established in 1996, within TACIS program of the European Union. Long-term and mutually beneficial cooperation between ACBA Bank and the leading French banking group Credit Agricole led Credit Agricole bank group to become the biggest shareholder of ACBA on September 15, 2006, by making a significant financial investment into the bank capital. ACBA was restructured, becoming a closed joint stock company and it was renamed ACBA CREDIT AGRICOLE BANK.

The bank’s assets as of October 1, 2014 stood at 273.4 billion drams, an increase of 2.15 percent from the beginning of the year; its obligation grew by 3 percent to 220 billion drams and its capital dropped by 1.26 percent to 53 5 billion drams. The bank reported 673.2 million drams in net losses for the third quarter of this year against 3.9 billion drams in profit earned in the third quarter of 2013. The bank has 52 branches. -0-