Republican Party of Armenia

 Prime Minister Tigran Sargsyan received a delegation led by French Credit Agricole Bank Deputy Director General Xavier Musca.

To begin with, the parties expressed condolences on the untimely passing of ACBA Credit Agricole Bank Director Stepan Gishyan, highlighting his contribution to development of the banking system in Armenia.

The interlocutors have referred to the programs aimed at expanding the activities of ACBA Credit Agricole Bank. Highly appreciative of Armenia’s banking system, Xavier Musca advised that they are going to increase the capital of ACBA Credit Agricole Bank with a view to facilitating the implementation of various projects on the local market.

Tigran Sargsyan welcomed the initiative and expressed his government’s support for the leadership of the Bank.