YEREVAN, May 3. /ARKA/. On May 3 and 4 the Saryan and Moskovyan streets in downtown Yerevan will be hosting the "Yerevan Wine Days" Festival. The main sponsor of the event is ACBA-CREDIT AGRICOLE BANK and the American Express cards, which the bank has the exclusive right to issue in Armenia.

The aim of the event is to stimulate tourism in Armenia and ensure the country's recognition as one of the oldest cradles of winemaking, ACBA-CREDIT AGRICOLE BANK said in a press release today.
It said within the framework of the festival more than 200 types of wines from Armenian wineries will be presented.

"The Bank has been with the real sector of the economy since its establishment, financing projects that are aimed at the development of the economy. I am convinced that such events serve as a stimulus for domestic producers to showcase their products and make them recognizable. Therefore, we could not be indifferent towards all this," said Artyom Ghazaryan, head of Marketing Communications division at ACBA-CREDIT AGRICOLE BANK.

According to Nune Manukyan, the organizer of the event, ACBA-CREDIT AGRICOLE BANK is one of the companies that always support local producers.

"We also organized the "Areni" Wine Festival. And if ACBA-CREDIT AGRICOLE Bank had not showed support to the villagers, viniculture would not have developed this much, and we would not have this many wine-makers today," said Nune Manukyan.

About 25,000 people visit the "Yerevan Wine Days" every year, about 40% of them being foreign tourists. The event directly contributes to the development of tourism in Armenia.

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-