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

Unibank Launches a New Promotion “U-Teenager”: Grand Prize — a Summer Course at One of the Top Universities Abroad

Unibank has launched a new promotion for Arca U-Teenageр cardholders, with the grand prize of AMD 1 500 000 to participate in a summer educational program at one of the leading universities abroad.

UATE Expo bonds worth over 763 million drams listed on AMX

UATE Expo LLC (UATE) is entering the capital markets by listing its bonds on the Armenian Stock Exchange (AMX), the exchange's press service reported.

Net inflow of remittances to Armenia from abroad increased by approximately 2.2 times in 7 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.56 billion in January-July 2026, compared to $716.6 million in January-July 2025, according to a report from the Central Bank of the Republic.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

LATEST NEWS

spot_imgspot_imgspot_img