Fri, 12 September
16.1 C
Yerevan
USD: 382.75 RUB: 4.50 EUR: 447.21 GEL: 141.97 GBP: 517.32

Sports school in Noyemberyan resumes work thanks to Stepan Gishyan charity foundation

YEREVAN, September 26. /ARKA/. A sports school in Noyemberyan, a town in the province of Tavush, has resumed operation thanks to Stephan Gishyan charitable foundation of ACBA-CREDIT AGRICOLE BANK.

The bank said in a press release that after a major repair the school will be attended by 150 school pupils from nine communities. The repair involved the roof of the school, replacement of the windows and internal finishing work.

“I see the enthusiasm of both the residents, the leadership of the community and the students, because classes will resume soon. This year about 130 programs were submitted to the foundation. The selection process was rather complicated, as there were a lot of programs and all very interesting,” said the director of the foundation Anna Gishyan.

According to her, when choosing a program the important thing for her was that all the work were carried out by the joint efforts of the foundation and the community.

“The willingness and the desire to become part of the community program was an added advantage,” Gishyan said. She expressed confidence that the renovated school will be of great benefit both from the point of view of the healthy way of life of the community and the leisure activities of youth and other members of the community.

In the renovated school pupils will be able to play basketball, volleyball and badminton, and children with disabilities – chess and checkers.

By the end of the year, ACBA-CREDIT AGRICOLE BANK, the French Credit Agricole, the Credit Agricole National Federation and the charity foundation created by the Stepan Gishyan family will sum up the results of the three grant programs.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia to receive 45.3 million euros from ADB to improve healthcare quality

Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.

LATEST NEWS

spot_imgspot_imgspot_img