ACBA-Credit Agricole Bank and regional administration of Shirak  signed a memorandum of cooperation

ArmInfo.Head of the Shirak regional administration Artur Khachatryan and Chief Executive Officer of ACBA-Credit Agricole Bank Hakob Andresyan signed a memorandum on cooperation, in which the parties intend to unite their efforts for 

SME development in Shirak district, improving the welfare of communities and stimulating tourism. This is stated in the official message of the Bank.

According to the source, the bank for representatives of SMEs in 

Shirak area will hold free business seminars, and the regional 

administration, for its part, will assist the bank in finding the 

target audience.

Expressing confidence that SME representatives participating in the 

training seminar will give new impetus to business in the region, 

Khachatryan noted: "As a result of cooperation, the efficiency of 

enterprises, management skills, turnover and profit, the number of 

employees, and enterprises to the public will increase more socially 

responsible.

For his part A. Andreasyan stressed that the bank conducts business 

seminars for the fourth year in a row, handing over to the 

entrepreneurs the experience of the bank accumulated over 20 years, 

as well as the best international experience. <The training course 

for businessmen includes topics related to business management, 

marketing, and now issues in the field of hotel business. However, 

this cooperation is special for us, as we see interest and the state 

in facilitating SMEs. Our specialists conduct lectures in Lori, 

Armavir, Syunik regions, and now in the Shirak region. We will 

continue to expand the geography of the seminars, "he said. At the 

same time, Andreasyan added that recently the Bank's business 

seminars were awarded with a certificate from the International 

Finance Corporation (IFC Business Edge), which again demonstrates the 

high professionalism of the ACBA-Credit Agricole team.

To note, till now, ACBA-Credit Agricole Bank held 53 business 

seminars, which were attended by over 650 representatives SMEs from 

400 organizations operating in the sphere of services, trade, 

industry and agriculture. Lectures for businessmen are read by 

representatives of the management of the bank, and topics touch on 

such areas as effective management and marketing.