YEREVAN, September 27, / ARKA /. ACBA-CREDIT AGRICOLE BANK said today it will conduct the next business training for representatives of SMEs on October 3-4. According to a Bank press release, free business trainings are designed for managers of small and medium Armenian businesses.

ACBA-CREDIT AGRICOLE BANK is the first bank in Armenia that has started conducting regular business trainings for its customers with a view to promote small and medium-sized businesses throughout all the phases of their work.

The first training course was held on November 24 -27, 2015. The Bank said those who wish to participate in the trainings can register by calling ACBA-CREDIT AGRICOLE BANK 010 31 88 88 (81-85, 81-49), or by visiting any of its branches located in Yerevan. Business courses are free of charge for all participants. They are open to heads of all SMEs, regardless of whether they are bank customers or not.

The Bank has organized so far a total of 36 courses, involving 400 entrepreneurs from 250 companies engaged in services, trade, production and agriculture. The courses focused on different topics, believed to be of key importance in all stages of business development and management, such as effective company management, finance management and business marketing.

The courses have been designed by the Bank in close cooperation with the International Financial Corporation (IFC). As a result the participants are provided with learning materials which meet the highest standards.

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. -0-