ArmInfo.  Acba Bank and Amundi-Acba Asset Management have allocated a total of $45 million to Firebird to support the development of an artificial intelligence (AI) infrastructure in Armenia. Specifically, Acba Bank contributed $25 million, and Amundi-ACBA Asset Management $20 million, according to a  statement from Acba Bank.

ArmInfo.On March 26, the official ceremony of signing the first syndicated loan agreement in the history of Armenia’s banking system between six financial institutions took place.

ArmInfo. Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.

ArmInfo. Acba bank and Proparco, a subsidiary of the Agence française de développement group (AFD), celebrate the first anniversary of their cooperation. One year ago, Proparco became a shareholder of Acba bank by acquiring a 10% stake. This strategic investment has reinforced Acba’s capital base, enabling the bank to strengthen its leadership in agricultural financing and to further establish itself as a systemic financial institution in the country.

ArmInfo.EU-Armenia SME Fund, managed by Amber Capital Armenia, invests USD 4 million in Auto Gallery.

ArmInfo. Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering.

ArmInfo.Amundi-Acba made an investment from the assets of Balanced and Conservative pension funds in the first EU-Armenia SME private equity fund that invests in the equity capital of companies operating in various sectors of the RA economy.

ArmInfo.Amundi-Acba brought together the leaders Armenian different sectors, to discuss the current challenges and perspectives on global macroeconomics, asset management strategy, as well as crypto-assets and block chain.

ArmInfo.IFC and Amundi-Acba Asset Management unveiled a new partnership today to catalyze private sector investment in infrastructure projects, and support job creation and economic growth in Armenia.

ArmInfo.French Ambassador to Armenia Anne Louyot met Bernard de Wit, Deputy CEO of Amundi, on a trip to Yerevan where he will meet the Armenian authorities, the  French Embassy in Armenia reports in a Facebook post. 

ArmInfo. "Amundi-ACBA Asset Management" company and the RA Ministry of Labor and Social Affairs signed a memorandum of cooperation. As noted in the message of the  company, within the framework of cooperation "Amundi-ACBA Asset  Management" from its profits will provide 10 thousand euros for the  study of the strategy of introducing a social housing system in  Armenia.

ArmInfo. The French Embassy in Armenia will hold a number of events, within the framework of the days of Francophone.

ArmInfo. The average annual return on assets by type of funds managed by RF Amundi-AKBA Asset Management is at a fairly high level - within 8.7-9.1% (from the  moment of creation).

ArmInfo.With the support of Amundi-ACBA Asset Management, Newmag translated into Armenian and published the book of the great chansonnier Charles Aznavour "With a Soft Whisper." In the book, which was published in France in 2009,  Aznavour openly talks about his family and past difficulties in his  career, presents the path of his success and fame.  According to the  official statement of ACBA Credit Agricole Bank, in general, the book  tells about the lessons of life and irony of fate.