Tue, 14 October
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Contest of children’s pictures held in head office of Areximbank-Gazprombank Group in Yerevan

YEREVAN, October 14. /ARKA/. A contest of children’s pictures was held under the motto ‘Peace, Work and Bank’ in the head office of Areximbank-Gazprombank Group CJSC in Yerevan on the Day of the City, the bank’s press office reported on Tuesday.

The contest was held as part of ‘My Finance Month’, the campaign the Central Bank of Armenia and the Association of Commercial Bank have launched to boost banking services.

More than 30 children of the bank’s employees took part in the contest.

“Ahead of the start of the contest I asked children what are the meanings of ‘peace’ and ‘work’ words, and they answered that ‘peace’ is a state in which there is no war, and ‘work’ is their parents’ employment at the bank,” said Yelena Markova, an organizer of the contest and the advisor to the bank CEO.

Pictures of 13-year-old Tigran Ghazaryan, who came to the contest from the bank’s Martuni branch, and of 11-year-old Arsen Petrosyan from Yerevan were recognized best not only for their artistic merits, but also for how these young artists explained the ideas of their pictures.

“We will preserve the children’s pictures for sure as part of the history our bank that is entering on its 17th year,” Markova said. “We’ll probably issue colorful calendars or school diaries with our remarkable and talented children’s bright pictures.”

The bank’s assets totaled AMD 146.5 billion, liabilities AMD 124.6 billion and credit investments AMD 82.6 billion in early July 2014. Its capital amounted to AMD 21.9 billion. The bank’s 2nd Q 2014 net profit amounted to AMD 547.6 million showing a 56.13% year-on-year growth. ($1- AMD 412.51). –0–

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