ACBA Bank in Armenia has a strong presence in rural communities and focuses on financing farmers and small and medium-sized enterprises. An estimated 37% of the population of three million is employed in agriculture. This shows the importance of this sector for income generation.

The bank employs about 1,500 people and works with a nationwide network of branches. ACBA Bank has a clear focus on sustainability, with environmental and social risks assessment and monitoring embedded across the organisation.

It is involved in many projects to develop the agricultural sector in Armenia, for example agricultural start-ups, sustainable tourism initiatives and a digital platform that connects local consumers to local farmers who are financed by the bank.

A key focus for the bank is the development of a digitisation strategy that will further increase its efficiency and outreach.