VTB bank (Armenia) organized special event for children on International Children’s Day

YEREVAN, June 3. / ARKA /. As part of its corporate social responsibility (CSR) policy VTB Bank (Armenia) organized a special event for children with cerebral palsy and from poor families on the occasion of the International Children’s Day.

The event was hosted by the first in Armenian entertainment center Good Time adapted for children with disabilities.

“Each of the children could find an entertainment corresponding to his or her age and preferences. The adults, too, participated actively in various games and competitions. A special show was organized for the children with participation of acrobats and tasty treats. The children had a rich and fascinating day, full of joy and smiles,” the bank said in a press release.

The bank actively cooperates with “Armenian Mother’ NGO which addresses the problems of children with cerebral palsy.

“The main purpose of such events is to help children integrate into society,’  VTB Bank (Armenia) CEO Yuri Gusev was quoted as saying in the press release. He said  that the International Children’s Day is not only a holiday, but also a reminder for all adults that children need constant protection and care.

“We should remember about the problems of children, the protection of their rights every day. Children are the future of our country and all of us; we must not postpone the solution of their problems, and address them on a daily basis,” Narine Manukyan, head of the NGO was quoted as saying.

VTB Bank (Armenia) is owned fully by Russian VTB Bank. It runs 67 branches across the country, more than any other local bank.-0-

spot_img

POPULAR

Food and non-alcoholic beverages accounted for approximately 59% of Armenia’s inflation in February – WB

n February, inflation in Armenia rose to 4.3% (y/y) from 3.8% (y/y) in January. According to the World Bank's "Armenia Monthly Economic Update – March 2026," food and non-alcoholic beverages continued to be the largest contributors, increasing in price by 6.5% and contributing approximately 59% to overall inflation.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img