YEREVAN, February 26. /ARKA/. ACBA-CREDIT AGRICOLE BANK has launched its 54th branch office, “Ani”, the bank’s press office reported.

The new branch is opened in the town of Giumry, “Ani” area, at 7th street 5/6.

The full range of up-to-standard services is provided in the new office, says the press office.

Clients of “Ani” branch can take loans and open credit lines at a 1% lower rate from February 26 to March 20, according to the report. If funds are deposited, the actual annual rate will be calculated based on a 1% higher tariff.

Apart from this, clients ordering an American Express Blue will be served during the first year for free.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. The bank’s assets totaled 286.4 billion drams in 2014; liabilities were 237 billion drams and capital was 49.37 billion drams. –0--