ArmInfo. At the initiative of ACBA Leasing, the first meeting of the beneficiaries of the three-year E-FIX grant program of the EU Horizon 2020 research and innovation project was held, which aims to stimulate private investment in energy saving projects.
According to the press service of ACBA Leasing, within the framework of E-FIX, ACBA Leasing, together with other members of the consortium, has developed new financing mechanisms for energy-efficient and energy- saving equipment that will be used in investment projects."Today we discussed what new leasing mechanisms for energy-efficient equipment should be, how to raise public awareness about this equipment, and also exchanged views on existing problems and tried to find solutions.
Our activities and the opportunities provided by the EU Horizon 2020 initiative will increase the level of awareness of the importance of energy-saving programs and will contribute to the revitalization of such projects in Armenia. All our activities are aimed at creating a "green" economy, renewable energy, and increasing the volume of private investment in these sectors, "said Arsen Bazikyan, Director General of ACBA Leasing.According to the report, the project Horizon 2020 E-FIX was launched in 2018. Armenia is represented in this project by the leader of the domestic leasing market, ACBA Leasing. This is the first leasing company in Armenia, founded in 2003.
ACBA Leasing is a member of the ACBA-Credit Agricole financial group. The holder of a 100% stake in ACBA Leasing is the Armenian ACBA-Credit Agricole Bank.According to the Ranking of Armenian loan companies prepared by ArmInfo IC, the volume of leasing operations of ACBA-Leasing company exceeded 14.6 billion drams ($ 30.2 million) by October 1, 2018, ensuring an annual growth of 16.8%. ACBA-Leasing's share in the total volume of leasing operations of banks and credit companies exceeds 80%.