Wed, 4 February
2.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

VTB Bank (Armenia) holds charity fair to mark spring holidays

YEREVAN, March 28. / ARKA /. In connection with spring holidays VTB Bank (Armenia) held a charity fair in its head office to help single mothers. The bank said its female employees had been preparing for the fair with great enthusiasm for a whole month.

The fair was organized to support the activities of the charitable organization called Armenian Mothers. Employees of the bank took part in it by putting up for sale sweets, dishes, decorations and various hand-made goods.

The goal of the charity fair was to help single mothers and children diagnosed with Cerebral Palsy (CP). The proceeds raised by the bank’s employees will be used to train mothers in such professions as confectionery, hairdressing, sewing, etc., so that they can take care of their children and provide them with treatment without leaving home.

A total of 683,000 drams were raised by the fair which was doubled by the bank making the total amount 1,366,000 drams. The money will be used to train and provide everything necessary for further earnings to 6 mothers of children with disabilities.

VTB Bank (Armenia) helps and supports children and their parents in need of help in every possible way, and annually allocates funds for health charity and sponsorship.

VTB Bank (Armenia) CJSC became a participant of the international financial group VTB in 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). -0-

spot_img

POPULAR

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

LATEST NEWS

spot_imgspot_imgspot_img