VTB bank (Armenia) finances rehabilitation therapy for 60 children with cerebral palsy

YEREVAN, May 6. /ARKA/. VTB Bank (Armenia) has financed rehabilitation therapy for 60 children from poor families with cerebral palsy (CP), the bank’s press service reported today. It said the children are in the charge of Hay Mayrer (Armenian Mothers) non-governmental organization.

The Yerevan-based bank said the move is part of its corporate social responsibility policy that focuses on education, culture and charity projects.

The bank’s cooperation with this charity organization, dealing with the problems of children with cerebral palsy started in 2014. Since then the bank has been providing funding for rehabilitation programs and covering other expenses.

VTB Bank  (Armenia) CEO Yuri Gusev said that social responsibility is an important component in the development of every company, adding that VTB Bank (Armenia) has always been actively involved in the lives of children, especially those in need of care and support .

“We are working closely with the Armenian Mothers, and for us it is a big pleasure to support children in such an important issue as rehabilitation therapy. We sincerely hope that water therapy will bring positive results, and it will be another big step forward for each of the children,” he said.

In turn, chairman of Armenian Mothers NGO Narine Manukyan noted that hydrotherapy has long ago proved to be one of the most effective methods of physiotherapy rehabilitation of cerebral palsy.

“Thanks to VTB Bank (Armenia) 60 children from poor families will be able to take a course of rehabilitation. We are very grateful to VTB Bank (Armenia) for giving children this opportunity, as well as for continued assistance,” she said.

VTB Bank (Armenia) was acquired entirely by Russian VTB Bank in 2004. It has the largest branch network in the country with 67 offices. -0-

spot_img

POPULAR

Food prices account for 57% of inflation in Armenia – WB

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Armenia’s health insurance package has not been reduced since the beginning of the year, and services have not become fee-based – Avanesyan

Since January 1, no changes have been made to Armenia's health insurance package that would lead to a reduction in services or the transition of any of them to a fee-based basis, stated RA Health Minister Anahit Avanesyan.

LATEST NEWS

spot_imgspot_imgspot_img