Stepan Gishyan charity repairs classroom and donates digitized telescope to Byurakan observatory (video)

YEREVAN, July 15, /ARKA/. The sixth scientific camp in Byurakan is just one of the joint programs implemented by Stepan Gishyan charity foundation and the Byurkan Observatory, the ACBA-CREDIT AGRICOLE BANK said in a news release. It said the scientific camp has brought together children from various schools across Armenia.

The Observatory is one of the winners of a grant program announced by the charity foundation in 2018. In the framework of the joint program, the charity foundation showed assistance not only in the conduction of the 6th scientific camp at the Observatory, but also repaired and equipped a classroom and donated a new digitized telescope to the Observatory.

The head of Stepan Gishyan charity foundation Anna Gishyan said that before the repair classes had been held in the office of Viktor Hambartsumyan, which was smaller and less convenient.

“The repaired classroom can accommodate about 50 children. The idea was very interesting, since they started this program, which is related to scientific tourism, in 2017 and did everything possible for this segment to develop in Armenia, in particular, astronomy,” she said.

According to Areg Mikaelyan, the director of the Byurakan Observatory after Viktor Hambartsumyan, the program of the scientific camp is multifaceted.

“Not only lectures on astronomy and other scientific fields are held here, but also a lot of interesting games are organized, including intellectual ones. We not only organize visits and excursions to the observatory, but also take our guests to see the nearest sights,” he said.
Stepan Gishyan Foundation was established in 2015 by ACBA-CREDIT AGRICOLE BANK, France’s Credit Agricole, Credit Agricole National Federation and the Gishyan family.
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

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

LATEST NEWS

spot_imgspot_imgspot_img