ACBA Leasing initiated the first meeting of the beneficiaries of the  European Union E-FIX grant program

ArmInfo. At the initiative of ACBA Leasing, the first meeting of the beneficiaries of the three-year E-FIX grant program of the EU Horizon 2020 research and  innovation project was held, which aims to stimulate private  investment in energy saving projects.

According to the press service  of ACBA Leasing, within the framework of E-FIX, ACBA Leasing,  together with other members of the consortium, has developed new  financing mechanisms for energy-efficient and energy- saving  equipment that will be used in investment projects."Today we  discussed what new leasing mechanisms for energy-efficient equipment  should be, how to raise public awareness about this equipment, and  also exchanged views on existing problems and tried to find  solutions. 

Our activities and the opportunities provided by the EU Horizon 2020  initiative will increase the level of awareness of the importance of  energy-saving programs and will contribute to the revitalization of  such projects in Armenia. All our activities are aimed at creating a  "green" economy, renewable energy, and increasing the volume of  private investment in these sectors, "said Arsen Bazikyan, Director  General of ACBA Leasing.According to the report, the project Horizon  2020 E-FIX was launched in 2018. Armenia is represented in this  project by the leader of the domestic leasing market, ACBA Leasing.  This is the first leasing company in Armenia, founded in 2003. 

ACBA Leasing is a member of the ACBA-Credit Agricole financial group.  The holder of a 100% stake in ACBA Leasing is the Armenian  ACBA-Credit Agricole Bank.According to the Ranking of Armenian loan  companies prepared by ArmInfo IC, the volume of leasing operations of  ACBA-Leasing company exceeded 14.6 billion drams ($ 30.2 million) by  October 1, 2018, ensuring an annual growth of 16.8%.  ACBA-Leasing's  share in the total volume of leasing operations of banks and credit  companies exceeds 80%.