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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 27 – May 3)

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

LATEST NEWS

spot_imgspot_imgspot_img