Acba Bank and NABU partner to clean  2 km stretch of Lake Sevan of plastic (VIDEO)

YEREVAN, August 26. /ARКА/. As part of the Clean Future for Lake Sevan initiative, Acba Bank in partnership with the  German Nature And Biodiversity Conservation Union (NABU), is assisting in the cleanup of Armenia’s largest water body from plastic and other debris, according to the bank’s press service.

During the volunteer effort, the bank’s staff cleaned over 2 km of the shoreline, sorting through plastic and other waste, which was subsequently sent for recycling.

Acba Bank has engaged in this initiative as part of its corporate social responsibility, which focuses on fostering an ecological culture in Armenia and safeguarding the environment.

“Our significant objective is to achieve a 100% clean Armenia. The Lake Sevan basin is included in this vision, and we must all work towards it collectively. Here, we not only remove waste but also sort it and oversee its further processing,” stated Anna Hovhannisyan, the head of the Clean Future for Lake Sevan project and NABU representative in Armenia.

The Clean Future for Lake Sevan project is being executed in collaboration with NABU, FPAN, and ISSD, with financial backing from the German Foreign Ministry.

The bank operates under the supervision of the Central Bank of Armenia.-0-

spot_img

POPULAR

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img