Yerevan, September 20 /Mediamax/. According to the decision of the Chairman of the Central Bank (CB) of Armenia, the “Agricultural Cooperative Bank of Armenia” (ACBA) is renamed to “ACBA-CREDIT AGRICOL BANK” CJSC.

As Mediamax was told in the CB press service, the Chairman of the Central Bank made the corresponding decision on September 15.

The “Agricultural Cooperative Bank of Armenia” was founded in 1996 within the framework of the European Union’s TACIS program by the model of European cooperative banks.