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–

spot_img

POPULAR

Armenian capital market needs not only technology, but also a mature regulatory and infrastructural environment – ​​NABIX founder

The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.

Armenia’s public debt-to-GDP ratio in 2025 was 47.3% – Finance Ministry

The public debt-to-GDP ratio by the end of 2025 is 47.3%, below the target of 50%, stated Armenian Finance Minister Vahe Hovhannisyan.

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.

Armenia and IMF discuss a new standby arrangement

Armenian Deputy Prime Minister Mher Grigoryan and International Monetary Fund (IMF) Deputy Managing Director Marnix von Rey noted the importance of approving a new standby arrangement with the IMF and its full implementation.

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img