With Unibank’s Sponsorship Armenia Hosts Open Rock Climbing Championship

YEREVAN, October 24. /ARKA/. Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.

“Unibank’s slogan is ‘Banking and More,’ which reflects our commitment to supporting different sectors. Sports, especially Olympic disciplines, have always been at the center of our attention,” said Mesrop Hakobyan, Chairman of the Management Board of Unibank.

The championship was organized by the Armenian Mountaineering Club and the “Boulderland” rock climbing gym.

“This year, Unibank is our sponsor, and we are delighted about this collaboration. Financial support is extremely important for the development and promotion of this sport. The bank’s sponsorship allows us to provide prizes and execute the event at a high organizational level,” emphasized Zaven Arakelyan, founder of the Boulderland gym.

Mkhitar Mkhitaryan, co-founder and president of the Armenian Mountaineering Club, added that the partnership with Unibank is long-term: “Unibank’s support is a major boost for the development of rock climbing. Until now, we organized competitions with our own resources and without financial support. Now we are confident that our collaboration with Unibank will help make rock climbing in Armenia as recognized as our traditional sports, such as wrestling or weightlifting.”

In the adult category, Unibank awarded the winners with premium-class cards with cash prizes. “We congratulate the champions and wish them continued success on the international stage. Our support for sports and athletes will remain ongoing,” stated Mesrop Hakobyan.-0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

LATEST NEWS

spot_imgspot_imgspot_img