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

Euro to Armenian dram exchange rate continued to decline, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

Grant Akopian has been elected to the AmCham Board

Grant Akopian, CEO and Chairman of the Management Board of Converse Bank CJSC was elected as the AmCham Board member on April 29.

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

LATEST NEWS

spot_imgspot_imgspot_img