Union of Banks of Armenia supports Karabakh war heroes and their families

YEREVAN, November 23. /ARKA/. ‘Now it is more than necessary to support the heroes of the Karabakh war and their families,’ the Union of Banks of Armenia said in a statement today issued in connection with the Day of the Banker, celebrated on November 23.

The Union of Banks of Armenia expressed gratitude to the staff of the banks who from the very first days of the war got involved in the national struggle on the front line and in the rear. As part of the mobilization and as volunteers 412 employees of Armenia-based commercial banks went to the front. Some of them were killed in the fighting and many others were wounded.

The Union of Banks of Armenia said also that bank employees in the rear, for their part, did everything possible for the soldiers fighting on the front line and their families.

In particular, by joining the programs initiated in Armenia and by the Diaspora, financial and humanitarian assistance was provided to Artsakh and its residents, including money transfers to the Ministry of Finance of the Republic of Artsakh, the Hayastan All-Armenian Fund and the Military Insurance Fund.

The bank employees purchased food, clothing, medicines and basic necessities to deliver them to the front line, as well as to provide housing to families who moved from Artsakh to Armenia.

“Due to the martial law in Armenia, in order to make the assistance provided to borrowers more significant, commercial banks have also initiated client support programs, from delaying loan repayments to partial or complete cancellation of the loan,” the statement said.

The Union of the Banks of Armenia said also that contributing to the development of the country, the economy and financial stability, the banking system will continue its work and mission with full responsibility, knowing full well that now it is more than necessary to support the heroes of the war and their families who fought for the Motherland. and also for the strengthening of Armenia and Artsakh.

The Day of the Banker is marked in Armenia on November 23. On this day in 1993, the Soviet ruble was replaced with the Armenian national currency, the dram. –0–

spot_img

POPULAR

A 5 MW solar power plant was built in the village of Lanjar with the assistance of Acba Leasing

Lanjar Energy's 5 MW solar power plant with a capacity of 9 million kWh is located in the village of Lanjar in the Ararat region.

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

LATEST NEWS

spot_imgspot_imgspot_img