ACBA Federation and NABU will assist 5 agrotourism development  programs

ArmInfo. The ACBA Federation and  the Armenian office of the Nature Conservation and Biodiversity  Association of Germany NABU summed up the grant competition announced  in March, aimed at promoting the development of agro-tourism. 

According to the press service of the ACBA-Credit Agricole Bank, 522  private entrepreneurs and organizations submitted applications for  participation in the agricultural tourism industry.As a result of  summarizing, it was decided to assist 5 programs through which in  five villages in different regions of Armenia - Shirak, Gegharkunik,  Vayots Dzor and Syunik - to succeed in stimulating the development of  agro-tourism due to the quantitative and qualitative growth of  services provided to tourists. 

"Our mission is not only to provide financial services- we strive to  make our contribution to the development of the Armenian economy,  particularly in the regions. Having such a good partner as NABU, we  can proudly say that we have moved along this path and promoted the  development of communities in Armenia, "said Hakob Andreasyan,  Director General of ACBA-Credit Agricole Bank.More detailed  information is provided in the video at the link: 

https://www.youtube.com/watch?=YIdkt_LZxvM&feature=youtube

ACBA Federation CJSC (http://acba-federation.am/) was established in  2017. Activity aims to stimulate innovative agriculture and the  development of rural communities in Armenia(http://foundation-  gishyan.am/). ACBA-Credit Agricole Bank (https://www.acba.am/) and  NABU (http://nabu.am/) have been cooperating since 2015.Recall that  ACBA-Credit Agricole Bank CJSC has been operating in Armenia since  1995. The major shareholders of the bank as of January 1, 2019 are:  Joint-Stock Company SJSC "Sacam International" (member of the Credit  Agricole S.A) - 6.48%, "ACBA Federation" CJSC - 93.52%.Note that  Naturschutzbund Deutschland (NABU) is the oldest and largest  environmental NGO in Germany. NABU has been operating for more than  100 years. NABU is the most popular non-governmental environmental  organization in Germany - there are more than 450 thousand members in  its ranks. NABU works in many countries of the world, implementing  various projects aimed at protecting nature and developing specially  protected natural areas. NABU is particularly interested in the  Caucasus.