Stepan Gishyan charity foundation begins accepting 2023 grant applications

YEREVAN, February 2. /ARKA/. The Stepan Gishyan charity foundation, run by Acba Bank, has announced today another grant competition, designed for legal entities.

Acba Bank said in a statement that the charitable foundation has started accepting online applications. The deadline is March 15 inclusive.

The charity said the projects should address such issues as development of socio-economic, educational and scientific fields, health and culture, or several of the above-mentioned areas at the same time. The projects must be implemented exclusively in the territory of the Republic of Armenia.

The foundation will give preference to those projects that:

– contribute to the creation of new jobs,

– use as much local products and raw materials as possible;

– offer innovative solutions;

– are aimed at strengthening the Armenian-French relations.

Please click here for more information. The maximum amount of a grant is 5 million drams.

The Stepan Gishyan charitable foundation (http://foundation-gishyan.am/) was established in 2015 by Acba Bank, French Credit Agricole Group, the National Federation of Credit Agricole and the Gishyan family -0-

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

LATEST NEWS

spot_imgspot_imgspot_img