Donations to Hayastan All Armenian Fund via Visa plastic card to become possible soon

YEREVAN, May 31. /ARKA/. Ara Vardanyan, executive director of the fund, speaking Tuesday at the 20th session of the fund trustees’ board, said it would be possible to transfer donations to Hayastan All Armenian Fund by using Visa plastic cards.

“We’ll use new fund-raising mechanisms this year,” he said. “In particular, we, along with one of Armenian banks, shall try to create Visa cards called Himnadram Card for usual usage and donations to the fund concurrently.”

In his words, the service is expected to be offered this year.

Now the fund raises money by using popular means, such as SMS-donations, postal fund raising, fund-raising dinners and concerts.

Hayastan All Armenian Fund was established in 1992 for implementation of national projects and development of infrastructures in Armenia and Nagorno-Karabakh Republic.

The trustees’ board headed by the Armenian president includes respected representatives of Armenian communities worldwide.

The fund holds charity telethons every year. The 13th telethon held in Los Angeles on November 25 and 26, 2010 under “Water is Life” motto has raised $21 million. -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, as of May 27, 2026, increased by 0.31 points compared to May 26, reaching 368.05 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Head of Central Bank named two main risks for financial stability

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.

Unibank Issues Perpetual Bonds with a 13.25% Annual Yield for Shareholders

Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders.

LATEST NEWS

spot_imgspot_imgspot_img