Wed, 11 March
-0.9 C
Yerevan
USD: 377.41 RUB: 4.79 EUR: 439.27 GEL: 137.62 GBP: 507.62

Acba Bank is the largest donor to the Insurance Foundation for Servicemen

YEREVAN, November 1. /ARKA/. Acba Bank was the largest donor to the Insurance Foundation for Servicemen in 2021 having donated over 190 million drams.

In gratitude for the donations the Foundation awarded Acba Bank with “Artsakh Diamond” prize, the Bank’s press service said.

Starting from 2020 and throughout 2021 the Bank continued to send 0.3% of income from each transaction made by the cards it issued to the Insurance Foundation for Servicemen – a total of over 136 million drams.

The Bank also provided 50 million dram one-time assistance to the Foundation, facilitating quick resolution of its current problems.

In the framework of “Let’s turn one into two” initiative Acba Bank allocated over 4mln drams to the Insurance Foundation for Servicemen.

Other members of Acba Financial Group – Acba Leasing and Amundi-ACBA Asset Management provided 10 million and AMD 20 million drams respectively to the Foundation.

At the end of 2021, the total financial assistance of Acba Financial Group to the Foundation amounted to over 220 million drams.

The Bank is controlled by the Central Bank of Armenia. –0—

spot_img

POPULAR

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.

Market capitalization increased by 6.53% in February, reaching 478 billion drams – Armenia Securities Exchange

YEREVAN, March 6. /ARKA/. Equity market capitalization increased by...

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

LATEST NEWS

spot_imgspot_imgspot_img