Wed, 7 January
-7.9 C
Yerevan
USD: 381.75 RUB: 4.74 EUR: 446.19 GEL: 141.67 GBP: 515.25

Areximbank-Gazprombank Group makes donations to multi-child families

YEREVAN, February 19. /ARKA/. The staff of Areximbank-Gazprombank Group has collected donations for multiple-kid families, the bank’s press office reported.

The report says Areximbank-Gazprombank Group and Armenia Tourism magazine continue their charities and will hand over the donations to the committee of multi-children families this time.

Advisor to general director of the bank Yelena Markova said the bank has been focused on the needs of poor families in its social programs since long ago.

She said this time they collected warm clothes, shoes, toys and children’s books and textbooks in Armenian, Russian and English. She also urged other Armenian business to join their charities.

Editor-in-Chief of Armenia Tourism Yelena Shuvaeva-Petrosyan said their staff as well is doing their best to help needy multi-child families.

The journalist expressed her gratitude to the bank for their support.

“No one in trouble should be alien to us in our country,” she said.

Areximbank-Gazprombank Group was established in August 1998. In 2007, it became a subsidiary of Russia’s biggest bank, Gazprombank.

The bank’s assets in 2014 totaled AMD 110.7 billion (52.5% drop) and liabilities AMD 95 billion (55.2% decline). Its loan portfolio amounted to about AMD 69 billion (25.5% decline), capital to AMD 15.6 billion (26.58% decline) and authorized stock to AMD 16.4 billion. The 2014 loss was AMD 5.6 billion, compared to AMD 108.7 million in profit in 2013. ($1 – AMD 479.48). –0–

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Residential real estate prices in Armenia increased by 5.5% in the third quarter: the Central Bank released a new indicator

The Central Bank of Armenia has published the Residential Real Estate Price Index (RRI).

Team Holding’s $9 million and AMD 1.4 billion bond placement completed ahead of schedule: Freedom Broker Armenia served as underwriter

Team Holding announced the successful and early completion of the first round of its nominal coupon bond placement, according to the press service of Freedom Broker Armenia investment company.

Armenia’s state budget deficit for the first 11 months amounted to 265.4 billion drams, an increase of 14.3%

The Ministry of Finance of Armenia presented the republic's state budget execution indicators for January-November 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img