“SOS Children’s Villages” Foundation and AraratBank signed a cooperation agreement

YEREVAN, December 9, /ARKA/. On December 8, the agreement was signed between Spartak Sargsyan, National Director of SOS-Children’s Villages and Mher Ananyan, Chairman of the Executive Board of ARARATBANK OJSC within the framework of which the bank will finance the canteen of Day Care Centre of “Socioeconomic Integration of Syrian-Armenian Families in Yerevan” project for one year.

SOS Armenia is implementing the project “Socioeconomic Integration of Syrian-Armenian Families in Yerevan” from 1 October 2019 to 31 December 2023, which aims to improve the socio-economic integration of Yerevan-based, vulnerable Syrian-Armenian families who have fled Syria into Armenian society.

The direct target group of the project consists of 400 vulnerable Syrian-Armenian families. The objectives of the Project is to improve the psychosocial situation of beneficiary families, develop the employability skills of socio-economically marginalised Syrian-Armenian families, improve the level of education of Syrian-Armenian children and ensure their integration into the Armenian education system, ensure that the rights of Syrian Armenians with regard to socio-economic participation are effectively represented, strengthen the skills of local government and civil society professionals in working with vulnerable groups.

In order to make easier for project participants with children to take up economic activities and to support the integration of the children through high-quality education and care, SOS Armenia has set up a Day Care Centre with two groups for a total of 50 children: (20 pre-school children aged between 3-6 and 30 schoolchildren aged between 7-11 years). -0-

spot_img

POPULAR

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

LATEST NEWS

spot_imgspot_imgspot_img