Acba Bank once again joins “My Forest Armenia” to create a greener homeland (video)

YEREVAN, December 2. /ARKA/. Acba Bank employees once again joined forces with the organization “My Forest Armenia” to create a greener homeland.

According to the bank’s press service, for the second time this year, the bank’s volunteers returned to the area around the village of Tsaghkunk in the Gegharkunik region to plant trees, observe the results of the previous planting, and continue their work to create a future forest.

Acba Bank and “My Forest Armenia” have been partners for nearly five years: over these years, thousands of trees have been planted in various regions of Armenia.

“In 2021, Acba Bank was our inaugural partner, planting the first 2,500 trees. It is essential for Armenia to have numerous partners like Acba Bank to transform people’s perspectives on addressing environmental challenges. Acba Bank’s approach has been incredibly beneficial to us, inspiring other companies to follow suit. There is a growing awareness of the significance of tackling environmental issues,” stated Alina Karapetyan, Head of Corporate Client Services at ‘My Forest Armenia.’

‘My Forest Armenia’ aims to plant over 15 million trees in the next decade, contributing to a cleaner and greener Armenia.

Acba Bank operates under the supervision of the Central Bank of Armenia. -0-

spot_img

POPULAR

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

LATEST NEWS

spot_imgspot_imgspot_img