Armenia’s Finance Ministry opens account to collect donations for flood-stricken areas

YEREVAN, 3 June. /ARKA/. Armenia’s Ministry of Finance opened a treasury account to collect donations for the flood-stricken areas of the country, the Ministry announced on Monday.

“Our compatriots in Armenia and the diaspora, as well as organizations, are willing to help people who were affected by the flood in the Lori and Tavush provinces. So, the Ministry of Finance has opened an account to collect donations,” the statement said.

Domestic transfers in Armenian drams can be sent to the account no. 900005003315, while card transfers are available online in any currency using the e-payments system.

Heavy rains flooded Armenia’s northeastern provinces Lori and Tavush on 25 and 26 May, causing the Debed, Aghstev, and Tashir rivers to overflow their banks. As a result, portions of the railway and the freeway connecting Armenia with Georgia were destroyed. So far, the death toll stands at 4, and 443 individuals have been evacuated from the flooded area. A total of 300 million drams has been allocated for recovery efforts.

spot_img

POPULAR

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

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Market capitalization increased by 7.43% in June, exceeding AMD 492 billion – Armenia Securities Exchange

Equity market capitalization in June 2026 exceeded AMD 492.7 billion, an increase of 7.43%, the press service of the Armenia Securities Exchange (AMX) reported.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

LATEST NEWS

spot_imgspot_imgspot_img