March 24, 2009 - 21:56 AMT
ACBA-CREDIT AGRICOLE BANK becomes international agriculture banks union founder member
ACBA-CREDIT AGRICOLE BANK became founder member of the international agriculture banks union. The decision was taken during the summit in Minsk on March 13.

The ACBA bank was established in 1996, within TACIS program of the European Union. Long-term and mutually beneficial cooperation between ACBA Bank and the European leading French banking group Credit Agricole led Credit Agricole bank group to become the biggest shareholder of ACBA Bank on September 15, 2006, by making a significant financial investment into the bank capital. ACBA bank was restructured, becoming a closed joint stock company and it was renamed ACBA-CREDIT AGRICOLE BANK.