Fri, 13 February
3.1 C
Yerevan
USD: 377.57 RUB: 4.89 EUR: 448.40 GEL: 140.67 GBP: 514.97

Stepan Gishyan charity ffoundation starts accepting 2024 grant competition applications

“YEREVAN, February 9. /ARKA/. The Stepan Gishyan charity foundation, run by Acba Bank, has announced today another grant competition, designed for legal entities, the press service of the Acba Bank reported.

The charity foundation has started the process of accepting online applications. The deadline is March 15.

The charity said the applicants should submit projects, which address such issues as development of socio-economic, educational and scientific fields, health and culture. 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.

Stepan Gishyan charitable foundation was created by Acba Bank, French Credit Agricole banking group, Credit Agricole National Federation and Stepan Gishyan’s family. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (February 2–8)

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

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

In January 2026, the average exchange rate of the Armenian dram to the US dollar was 380 drams, compared to 397.9 drams in January 2025.

Inflation of 3.8% Recorded in Armenia in January

Twelve-month inflation (January 2026 compared to January 2025) in Armenia's consumer market stood at 3.8%, according to a report from the Statistical Committee of Armenia.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img