YEREVAN, April 1. /ARKA/. Acba bank and other members of the financial group – ACBA Leasing and Amundi-ACBA – have donated more than AMD 130 million to Armenia’s Military Insurance Fund in recent months, the press service of the bank reported.
A significant portion of the donations generated from transactions paid for by the cards issued by Acba bank.
The bank sends 0.3% of each payment made by the bank’s cardholders to the Military Insurance Fund.
Financial assistance to the Military Insurance Fund can also be provided through the Acba digital app without any commission.
The Military Insurance Fund provides compensations to the families of military personnel killed, disabled or gone missing in the war. Compensations are provided as a lump sum or on a long-term basis for 20 years.
In case of making payment transactions using Visa-Barerar bank cards, the bank transfers an amount of 0.3% of the transaction as a donation to the Hayastan All-Armenian Fund.
The bank is controlled by the Central Bank of Armenia. ($ 1 – 531.17 drams) -0-
