Company type | OJSC |
---|---|
Industry | Banking, Financial services |
Founded | 1996 |
Headquarters | Yerevan, |
Number of locations | 58 branches (2017 [1]) |
Key people | Hakob Andreasyan ( CEO) |
Products | Credit cards, consumer banking, corporate banking, investment banking, mortgage loans |
Total assets | |
Total equity | |
Owners | Sacam International SJSC (5%); "ACBA FEDERATION" CJSC (95%) [1] |
Number of employees | 1501 (2018 [1]) |
Website |
www |
The Acba bank was established in 1996, within TACIS program of the European Union. It is the biggest bank in Armenia for agriculture financing, especially in rural areas. [2] [3] It has 57 branches countrywide and had its IPO in 2021. [3] [4]