Sun, 19 October
20.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Union of Banks of Armenia provides computers and printers worth 21 mln drams to border villages

YEREVAN, October 28. /ARKA/. The Union of Banks of Armenia has provided computers and printers worth a total of 21 million drams to schools in border villages, the head of the union Samvel Chzmachyan told reporters on Monday.

The union decided to join “My Finance Month” campaign and provide support to schools, Chzmachyan said in handing computers to principals of schools in Tavush of Armenia.

Supported by all Armenian banks the union will give computers to a total of 30 schools in Tavush, Gegharkunik and Siunik will receive computers, in cooperation with Armenia’s ministry of education and science.

First 14 schools in Tavush have already received their computers and printers, he said. The other regions will get the equipment in the next days. Computers and other equipment are important for schools that often lack funds for them, the principals said.

“My Finance Month” public awareness campaign is initiated by the Central Bank of Armenia and the Association of the Commercial Banks.

The Union of Banks of Armenia was founded in July 1995 to protect the interests of commercial banks. All 21 commercial banks of the country are members of the UBA today. ($1 – 409.29 drams).  –0–

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img