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

Banks

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

Banks

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.
Economy

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.
Banks

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.
Announces

Armenia adopts internationally accepted approach to forming a neutral capital buffer – Central Bank Governor

Armenia has begun implementing a world-leading approach to forming a neutral capital buffer, announced Central Bank Governor Martin Galstyan.
Economy

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenian 2011 may inflation grows by 9% year-on-year
Next article
Armenia’s gross international currency reserves slash by 5%