Newsfeed

Artsvik Minasyan: Any integration is senseless for unreformed economy of Armenia

Armenia's Energy Ministry plans to sell part of Nairit Plant's assets

Armenian Defense Minister: Transfer of Valery Permyakov to Armenian law-enforcers was not discussed at the meeting with Arkady Bakhin

Expert: Armenian law-enforcers are not involved in Permyakov case investigation to full extent

British Film Festival 13th Love Edition to kick off in Yerevan on Feb 14

Changes in Russia-Middle East relations cannot but affect Armenian-Russian military strategic cooperation

Armenian FM: Armenia and Iran have no problems concerning their joint projects

Global Finance: In 2015 Ameriabank named the best trade finance bank of the year in Armenia

Armenian Defense Minister: Azerbaijani raider's fate must be discussed with authorities of Nagorno Karabakh only

OSCE chairperson-in-office calls on the parties to the Karabakh conflict to ensure a full ceasefire

Armenia to appear in first semifinal of Eurovision Song Contest 2015

Foreign minister of Iran: Teheran hopes to tackle issue of Russia's S300 supplies as soon as possible

Serzh Sargsyan: It might have been possible to prevent the crimes committed under veil of WWII had the crimes against humanity committed during WWI earned unequivocal international condemnation

Newspaper: Permyakov was not acquainted with Avetisyans family

India Ambassador to Armenia welcomes level of bilateral cooperation

Expert: Russia's every decision directly affects Armenia

Richard Giragosian: After aligning with EEU, Armenia faced security threats

Police: Valery Permyakov might have acted not alone

Armenian FM: Armenia's stance on Karabakh is similar to that of Russia, France and the United States

President of Armenia: We have prepared many surprises for hotheads in Azerbaijan

Expert: Defense capability of Armenian armed forces is much higher than offensive ability of Azerbaijan

Armenian FM: Armenia and Russia are unanimous that trial of the Gyumri murder case must be transparent

Political expert: Azeri provocations on the border occur following tragic events in Gyumri

Expert: Turkish president will not change his rhetoric on threshold of Centenary of Armenian Genocide

Edward Nalbandian: Doubts about Baku's reasonableness are growing with every passing day

SME representatives demand that Armenian Government should suspend Law "On Turnover Tax"

Three Azeri soldiers killed and two wounded as a result of ceasefire violation by Azerbaijan

Turcologist: No serious events in Armenia on threshold of Centenary of Armenian Genocide are observed yet

NATO plays no role in Karabakh conflict settlement but supports OSCE Minsk Group's efforts

Armenia's Defense Ministry: It was relatively calm on NKR-Azeri contact line last night

Retail gasoline prices drop again in Armenia

Over 20 members of ARFD break away from the party

Armenian MP: EBRD's forecast that Armenian economy will stagnate in 2015 was a political put-up job

Armenia's Defense Ministry: Armenian armed forces destroy a group of Azeri raiders in Tavush region

Armenia's involvement in Eurasian Economic Union does not look too promising

German Government considers Armenia's invitation to attend Apr 24 commemorations of 100th year of Armenian Genocide

Mammadyarov to meet with OSCE Minsk Group Co-Chairs in Krakow

A bas-relief of Lord George Gordon Byron inaugurated in downtown Yerevan near the head office of ACBA-CREDIT AGRICOLE BANK

Andrzej Kasprzyk: We are concerned over the situation at the line of contact

BirthLink and VivaCell-MTS continue their partnership to improve neonatal care in Armenia

Ameriabank signed the 80th deal under EBRD TFP

VTB Bank (Armenia) joins new system of money transfers BEST

ARDSHINBANK has strengthened its position among the top three of the banking system by all key indicators

Pascal Meunier: OSCE MG co-chair countries want resumption of dialogue

Reiner Morell: Germany is ready to show aid in Karabakh settlement whenever is a need

Each country is free to choose what event to attend, German Ambassador says on Erdogan's invitation

Armenian analyst: Azerbaijan may attack Artsakh and Armenia only if Russia gives it appropriate guarantees

Germany to continue its policy aimed at strengthening cooperation with Armenia

Robert Kocharyan: Armenia needs drastic changes but not a constitutional reform

Armenian Defense Ministry: Armenia's retaliatory measures to Azeri provocation will be tougher

Banking and Insurance to be taught at French University in Armenia

  • by Erik Abrahamyan

  • Thursday, May 29, 23:59

 Banking and Insurance specialty will be introduced in the French University in Armenia (UFAR). On May 29, Samvel Chzmachyan, President of the Union of Banks of Armenia, Hakob Andreasyan, CEO at ACBA-Credit Agricole Bank, and UFAR Rector Jean-Jacques Montois gave a press conference timed to the opening of the Banking and Insurance specialty at the UFAR. 

Jean-Jacques Montois said that the specialty has been introduced in the University in partnership with L'Universite Jean Moulin Lyon 3. The graduates are awarded a bachelor's diploma of Armenian type and a French licence. As many as 60 people can be included in the first cohort given the current demand from the financial structures. He added that 80% of the 1300 UFAR graduates have already been placed in job.  Moreover, 30% of them have found a job in the banking and insurance sector of Armenia.        

Samvel Chzmachyan, in turn, said that the introduction of the specified specialty aims to replenish the financial sector with skilled specialists. "Our lasting cooperation with UFAR was built at various levels.  There are UFAR graduates among the employees of our Bank and we are pleased with their knowledge, but in the future we would like to have employees specialized in banking", said Hakob Andreasyan. 

Upon completion of the press conference, the Union of Banks of Armenia and the French University in Armenia concluded an agreement on opening of theBanking and Insurance specialty, while UFAR and ACBA-Credit Agricole Bank agreed to launch cooperation.   

To note, the Armenian Government and L'Universite Jean Moulin Lyon 3 signed the cooperation agreement in February 2001. Since its very first days, UFAR has been a lighthouse of cooperation with France and the backbone of Francophonie in Armenia. UFAR has 3 faculties. 

To recall, "ACBA Credit Agricole Bank" CJSC has been operating in Armenia since 1995. Since September 2006, the majority shareholder of the Bank has been Credit Agricole S.A. with a 15.56% stake.  Another major shareholder, SJSC "Sacam International" (member of Credit Agricole S.A.), has a 12.44% stake. By its key figures, ACBA Credit Agricole Bank was among the top-5 Armenian banks in 2013. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields