YEREVAN, December 6. /ARKA/. Acba bank was the first bank in Armenia to start a series of free business training courses in 2013, designed specifically for the development of SME and to this day it has held 105 such courses, which involved managers of 820 small and medium-sized enterprises and 1,480 decision makers, the bank's press service reported.

This year the bank has held 15 training course, which have been attended by more than 160 heads of small and medium-sized enterprises and about 260 decision-makers, who have gained new knowledge in different areas - from cash flow management to financial decision making, digital and business marketing, cost control, motivation and retention of staff in guest houses and taking care of guests to improve efficiency of business management.

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Tags: ACBA, courses, Development, SME, training

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YEREVAN, Dec.3 /ARKA/. SME Banking Club has published the outcomes of a survey of credit products for small and medium-sized businesses of over 200 banks in the CIS and the Caucasus. Unibank is recognized as one of the leading banks in its region. 

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Tags: SME, Unibank

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Unibank is expanding cooperation with KfW bank and starts realizing a new credit program for business. According to the press service of the bank, two products have been developed within its framework- “Unsecured MSME” and “MSME” loans, which will allow the small, medium and micro-enterprises to receive funds for capital investments and current expenses

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Tags: KFW, LOANS, SME, Unibank

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Armenia’s private sector will benefit from new resources for green financing thanks to a US$ 10 million financial package put together by the European Bank for Reconstruction and Development (EBRD) in cooperation with the European Union (EU) and the Green Climate Fund (GCF) to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices, EBRD said today in a press release

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on EBRD, EU, GCF expand funding for SMEs in Armenia; US$ 10 million to ACBA Bank for green lending to private sector

Tags: ACBA, EBRD, EU, GCF, lending, SME

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How to grow a successful business, to manage and control costs correctly? For 7 years already, Acba bank has been conducting free business trainings, providing participants not only with knowledge of business management and development, but also with experience, the press service of the bank said

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Acba bank conducts free business trainings for Armenian SMEs

Tags: ACBA, business trainings, SME

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AraratBank has raised 5 million USD from Incofin IM-advised Microfinance Enhancement Facility (MEF) to foster the SME sector in Armenia through its ongoing effective cooperation with reputable international financial institutions, the bank’s press service said today

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on AraratBank raises 5 million USD from Incofin IM-advised Microfinance Enhancement Facility (MEF) to foster SME sector in Armenia

Tags: Araratbank, Armenia, Incofin, MEF, SME

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The ACBA-CREDIT AGRICOLE BANK continues to operate in a special mode providing financial assistance to SMEs and the agricultural sector, as well as implementing a string of programs designed to help them boost their development, the bank’s press service reported today

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Tags: ACBA-Credit Agricole bank, agriculture, Finance, SME

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Another seminar by SME Banking Club will be held in Yerevan on November 9, dedicated to global trends in SME sector development and SME lending opportunities in some sectors of economy

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Converse Bank initiates and supports seminar by SME Banking Club

Tags: Banking Club, Converse Bank, seminar, SME

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Unibank, in partnership with Stiegen, renewable energy company, offers a new loan called Solar Energy, the bank’s press office reported on Thursday

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Tags: Armenia, LOAN, offer, SME, solar energy, Unibank

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The amount of taxes paid in 2017 by Armenia’s SMEs decreased by 2.3% from the previous year to 209.4 million drams, according to a report by the Business Support Office

Categories: Economy @en, General news, News, News of the hour, Новости | Comments Off on Taxes paid by SMEs dropped by 2.3 percent in 2017

Tags: Armenia, BUSINESS, GDP, SME, TAXES

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