Tue, 12 August
32.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Areximbank-Gazprombank Group announces competition for one-time stipends

YEREVAN, October 21, /ARKA/. Areximbank-Gazprombank Group said it is accepting applications from Armenian students wishing to win one of the bank’s special one-time stipends. The offer is part of a special program called For All Country and for Interest of Each Student.

The bank said in a press release that the goal of this special offer is to help young students who are demonstrating not only excellent academic achievements but who are also active in public and research areas.

Twenty applicants will be selected by a scoring system and by a special commission in several categories like excellent academic progress, public activity and social status. The competition is for fifth –year students as well as for second-fourth year bachelors and students seeking master’s degree from state-run and private universities. The amount of one-time stipend is from 40 000 to 400 000 Drams. The list of winners will be published December 15 on the bank’s officials website and winners will be invited to a special ceremony to get their stipends.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. The bank is owned fully by Russian Gazprombank. It has 1 6 branches in Yerevan and 9 in regions. ($1- 360.54 Drams).-0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img