Amundi-ACBA Asset Management

Amundi-ACBA manages three mandatory pension funds, benefiting from the Amundi advanced know-how, expertise and technical support on fund management activities. Participants interest is foremost in everything we do; Acting fairly and in the best interest of participants, with due skill, care and diligence, employing effectively the resources and procedures which are needed for the proper performance of our duties. Amundi-ACBA aims to become a leading Armenian investor recognized for product performance and transparency, quality of participants relationships based on a long-term approach, efficiency in its organization, commitment to sustainable and socially responsible development.

Direct significant participants

Amundi Asset Management

• Number of voting shares: 1275
• Share in capital: 51%
• Core activity: asset management

"ACBA-CREDIT AGRICOLE BANK CJSC"

• Number of voting shares: 1225
• Share in capital: 49%
• Core activity: banking

Indirect participants

• Amundi SA, who owns 100% of shares of Amundi Asset Management SA
• Credit Agricole Bank SA, who owns 75.5% of shares of Amundi SA and 28% of shares of ACBA-CREDIT AGRICOLE BANK CJSC
• ACBA FEDERATION CJSC, who owns 71% of shares of ACBA-CREDIT AGRICOLE BANK CJSC

Simplified organizational charts of Amundi 

Financial group chart

"Amundi-ACBA Asset Management CJSC" was founded on 19.11.2013. Amundi-ACBA was granted a license from Central Bank of Armenia for management of mandatory pension funds.