Acba Leasing: General Sponsor of the Francofest Literature and Art Festival

For the second time, Acba Leasing is collaborating with newmag to support the implementation of the FrancoFest in Armenia and now become the general sponsor. This partnership reflects Acba Leasing's commitment not only to economic development but also to supporting cultural and educational values. The company emphasizes the importance of events like FrancoFest that contribute to the growth of literature and culture.

Founded 21 years ago in 2003, Acba Leasing was the first specialized leasing company in Armenia, introducing a new financial tool that stimulated the development and growth of the Armenian economy. Initially focused on the agricultural sector, Acba Leasing has since expanded its activities to encompass all branches of the economy. Today, thanks to Acba Leasing, it is possible to purchase everything from processing and medical equipment to vehicles and "green" energy systems.

As a financial company, Acba Leasing stands by new ideas, innovation, art, and cultural events. "It is a great honor to be the general sponsor of FrancoFest and to support cultural life in Armenia. Acba Leasing has always emphasized the importance of spreading and developing cultural and literary values. Culture and literature play a crucial role in the education and multifaceted development of generations. Therefore, we could not miss the opportunity to support FrancoFest. We are confident that this event will further contribute to the growth of reading in our country," said Aghasi Gasparyan, General Director of Acba Leasing.

Currently, Acba Leasing holds over 50% of the sector, maintaining its leading position in the Armenian leasing market. The company finances all branches of the Armenian economy and is present in all regions of Armenia, thanks to a wide network of Acba Bank branches.

"We are proud that since its establishment, Acba Leasing has continued to lead the Armenian leasing market. Our position is strengthened by high-quality services and stable, mutually beneficial cooperation with our customers and suppliers. Acba Leasing's goal has always been to support the development of Armenia's economy by providing opportunities to finance modern equipment," said Aghasi Gasparyan.

Being an innovative company, Acba Leasing created the Green Leasing sub-brand in 2014, aimed at developing "green" energy systems and technologies in Armenia. Under the Green Leasing sub-brand, Acba Leasing provides financing for solar plants, electric vehicles, and renewable energy projects, contributing to environmental preservation and development.