ACBA-Credit Agricloe Bank expands the theme and geography of business  seminars for SMEs - this time, the hotel business

ArmInfo. ACBA-Credit Agricloe Bank continues to expand the subject and geography of business seminars for SME representatives.

According to the press service of the Bank, the next three-day  business seminar was held in Goris (Syunik region) with the  participation of about 15 representatives of SMEs. Lectures concerned  the development of tourism, and also touched upon new topics:  "Marketing of hotel services", "Providing hotel services", "Attention  to guests" and "Motivation and retention of staff". It should be  noted that to date, ACBA-Credit Agricole Bank held 53 business  seminars in which over 650 representatives of SMEs from 400  organizations operating in the sphere of services, trade, industry  and agriculture took part. Representatives of the management of the  bank read lectures for businessmen, and topics touch on such areas as  effective management and marketing.

According to the Financial Rating of Armenian Banks, as of July 1,  2017, in the credit portfolio of ACBA- Credit Agricole Bank, the  share of SMEs in the loan portfolio of ACBA-Credit Agricole accounts  for about 20% or $ 86.4 million (41.5 billion AMD) with annual growth  of 22.8%, but only for II quarter of this year.  By 10.8%. In total  investments of banks in this sphere, the share of ACBA-Credit  Agricole Bank reaches 7%. "ACBA-Credit Agricole Bank" CJSC has been  operating in Armenia since 1995. Since September 2006, the largest  European banking group Credit Agricole SA has been the majority  shareholder of the bank. With a 15.56% equity interest, followed by  the participation of SJSC Sacam International (a member of the Credit  Agricole SA group) in the amount of 12.44%, along with which there  are 10 regional Unions of Peasant Mutual Assistance). In terms of  coverage of the branch network, the bank is included in the TOP-5,  and according to the number of regional branches, the third position  is held. According to the main balance sheet indicators, ACBA-Credit  Agricole Bank holds positions in TOP-5.