Orran Benevolent center attendees’ summer transportation expenses to be borne by Areximbank – Gazprombank Group

YEREVAN, June 1. /ARKA/. Transportation expenses of all the attendees of Orran (Cradle) benevolent children center will be borne by Areximbank – Gazprombank Group in three summer months, the bank’s press office reported on Friday.

On June 1, the International Children’s Day, the bank’s personnel visited the organization to congratulate children here.

Some 100 children from low-income families attend the organization every day after their school classes. They have dinner here and do homework.

In addition, specialists at this benevolent center teach them arts here. The organization receives financing from private benefactors.

“This is the second year we cooperates with the bank, and I hope this cooperation will set an example to other business people,” said Armine Hovhannisyan, the head of Orran.

Areximbank – Gazprombank Group CJSC was established in 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia.

Areximbank – Gazprombank Group is a member of VISA International and MasterCard International payment systems as well as ArCa local system. -0—

spot_img

POPULAR

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

In January, commercial bank deposits in Armenia decreased by 0.3%, while lending expanded by 1.1% – WB

In January 2026, commercial bank deposits in Armenia decreased by 0.3% (MoM), while loans grew by 1.1% (MoM), according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

LATEST NEWS

spot_imgspot_imgspot_img