Tue, 3 February
0.1 C
Yerevan
USD: 379.03 RUB: 4.95 EUR: 449.83 GEL: 140.75 GBP: 519.38

Environmetal essay contest winners receive prizes from HSBC Bank Armenia

YEREVAN, December 14. /ARKA/. Three of 20 winners of the competition of school essays on environment protection have received money prizes from HSBC Bank Armenia, Arthur Khoyetsyan, head of public affairs division of World Wildlife Fund’s resident office in Armenia, told journalists on Wednesday.

Environment protection program involving Armenian teenagers initiated though financial support of HSBC Bank Armenia CJSC and participation of WWF Armenia, Armenian Women for Health and Healthy Environment NGO was launched in February 2011. The competition of essays was held as part of this program.

The program financing amounted to $30,000. Every winner received $1,500.

Khoyetsyan said that the aim of this competition was to put the objectives spotlighted in essays into practice.

This environment-protection campaign will be run with participation of HSBC Bank Armenia CJSC’s employees who have attended seminars focused on protection of environment.

“The ideas expressed in these three best essays will be put in the reality before the next year’s June,” Khoyetsyan said.

He said that the program is aimed at enhancing young people’s awareness of environmental problems. It consists of two stages.

“At the first stage, a manual based on the principle of careful treatment of our planet was worked out and published,” he said.

At the second stage, he said, a series of seminars were held. Some 60 teachers and 200 school students from 35 secondary schools in Shirak, Tavush, Vayots Dzor, Lori and Syunik provinces attended them.

HSBC Bank Armenia, a member of HSBC Bank plc, was registered on September 25, 1995. HSBC Europe BV holding company holds 70% of the bank’s shares, and the remaining 30% belong to Wings Establishment. In late January 2009, HSBC Bank Armenia joined NASDAQ OMX Armenia Stock Exchange. -0-

spot_img

POPULAR

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

LATEST NEWS

spot_imgspot_imgspot_img