Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

YEREVAN, February 5. /ARKA/. The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

The Bank said in a press release that the foundation will be accepting online applications until March 15th inclusive.

The presented projects should be aimed at the development of one or several areas related to the social, economic, education, science, health  and culture sectors. All the projects should be implemented exclusively in the territory of Armenia.
The charity foundation will give preference to those projects that are aimed at creation of new jobs,

utilizing local products and raw materials in large volumes, if possible,

offering innovative solutions,

strengthening Armenian-French ties.

The maximum amount of one grant is 5 million drams.

The Stepan Gishyan charity was established by Acba Bank, French banking group Credit Agricole, Credit Agricole National Federation and Stepan Gishian’s family. ($1 – AMD 396.58) -0-.

spot_img

POPULAR

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

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

LATEST NEWS

spot_imgspot_imgspot_img