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

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Unibank was a partner of the international forum “Yerevan Dialogue”

“Yerevan Dialogue 2026” forum held on May 5–6 brought together senior government representatives, private sector leaders, NGOs, academics, youth, and other stakeholders in the immediate aftermath of the European Political Community Summit in Yerevan.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

LATEST NEWS

spot_imgspot_imgspot_img