Anelik Bank contributed to “Erebuni-Yerevan” holiday organization

YEREVAN, October 12. /ARKA/. Anelik Bank said Friday it had again contributed to the organization of Yerevan residents’ and guests’ favorite holiday- City Day.
Head of Anelik Bank staff Angelina Voskanyan said the bank had always participated in organizing events and holidays related to Yerevan over 22 years of its operation.

“Being an urban bank, we always realized that such holidays unite people and have a positive impact on urban life, as they make our weekdays diverse. Being socially responsible company, we try to become the participants of Yerevan events through financing them,” she said.
The City Day’s celebrations will proceed under the motto “The capital of my heart.” The municipality will have spent 90 million drams ($220,800) on organization of the festive events.

The parks, squares and streets in the center of Yerevan and in the administrative districts will host concerts of folk, classical, jazz and rock music, exhibitions, performances of street musicians and mimes, streetball competitions, performances of model airplanes and bike rides. The City Day will be wrapped up by a large concert at Republic Square and fireworks.

Erebuni-Yerevan, an annual celebration of the city’s foundation was first marked in 1968, when the Armenian capital turned 2,750. Until 1988 it was celebrated every year, but after the country’s independence, this tradition was resumed only in 1998.

Yerevan (Erebuni) was founded in 782 BC, 29 years before the founding of Rome, by the king of Urartu Argishti in the south-east of the Armenian Highland. A stone plate with cuneiform, which bears the date of the founding of the city is in Erebuni museum.

Anelik Bank CJSC was established on 9 June 1990, registered on 1 October 1991. It received the general license N9 of the Central Bank of Armenia in October 1996. CreditBank holds 89.95% of its stock, whereas Bank chairman Samvel Chzmachyan-  10.05%.  -0-

spot_img

POPULAR

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

UATE Expo bonds worth over 763 million drams listed on AMX

UATE Expo LLC (UATE) is entering the capital markets by listing its bonds on the Armenian Stock Exchange (AMX), the exchange's press service reported.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.12 points on September 2, 2026, compared to September 1, to 364.14 drams.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

LATEST NEWS

spot_imgspot_imgspot_img