Wed, 11 March
-2.9 C
Yerevan
USD: 377.41 RUB: 4.79 EUR: 439.27 GEL: 137.62 GBP: 507.62

Stepan Gishyan charitable foundation established by ACBA-CREDIT AGRICOLE BANK provides first grants

YEREVAN, May 10. /ARKA/.  The Stepan Gishyan Charitable Foundation, created by ACBA-CREDIT AGRICOLE BANK, provided the first grants, the bank’s press service reports. The foundation was established by in 2015 by ACBA-CREDIT AGRICOLE BANK, the French Agricole Credit Bank, the National Federation Credit Agricole and the family of Gishyan.

On the birthday of Stepan Gishyan, the foundation summed up the results of the grant programs announced in early 2017. According to the decision of the fund this year, the assistance will be provided to the programs of the Miasin Fund (Together), the community of the Noyemberyan Sports School in Tavush Region, the charitable organization Liarzhek kank (Full Life), the Imman. LA Orbeli of the National Academy of Sciences of Armenia.

“I want to thank all those organizations and individuals who have announced cooperation with the fund from the Board of Trustees and on my behalf, I hope that we will continue cooperation in the future,” said Anna Gishyan, the fund’s director.

According to her, the main goal of the foundation is to continue Stepan’s business, his thinking, to realize his worldview through various social programs.

“We are sure that the best way to achieve this goal is to unite the structures, organizations and individuals concerned with the existing problems, which we seek through the foundation.The assistance to these programs will be a small step of our foundation so that we are proud to say that with the remainder we continue The case of Stepan Gishyan, “said Anna Gishyan.
“I very often recall Stepan, I mentally speak to him … Stepan Gishyan introduced a new culture and thinking into the financial, banking and agricultural sphere of Armenia, which allowed our compatriots to stand firmly on their native land, live and create in their homeland. “Stepan Gishyan” we will again create a new opportunity for the implementation of new ideas and ideas, “said Hakob Andreasyan, CEO of ACBA-CREDIT AGRICOLE BANK.

Stepan Gishyan was chairman of the board from 1995 to 2000, and from 2000 to 2006 – general director of the Peasant Mutual Assistance Bank of Armenia. Since 2006, he was the CEO of ACBA-CREDIT AGRICOLE BANK, and since 2003 – also the General Director and Chairman of the Board of Directors of CJSC “AGBA Leasing” – the first leasing organization registered in Armenia.
He headed the Union of Banks of Armenia in different years.

Stepan Gishyan died prematurely on March 22, 2014 at the age of 49 due to illness.
“ACBA-CREDIT AGRICOLE BANK” CJSC (formerly the Bank for Peasant Mutual Assistance of Armenia, ACBA) was founded in 1995 as part of the European Union’s TACIS program. In September 2006, the French Banking Group Credit Agricole became the largest shareholder of the bank, making significant investments in capital. –0—-

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

Market capitalization increased by 6.53% in February, reaching 478 billion drams – Armenia Securities Exchange

YEREVAN, March 6. /ARKA/. Equity market capitalization increased by...

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

LATEST NEWS

spot_imgspot_imgspot_img