Mon, 17 November
8.1 C
Yerevan
USD: 382.12 RUB: 4.73 EUR: 443.79 GEL: 141.24 GBP: 502.18

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img