The Power of One Dram to ‘’Vahe Meliksetyan’’ Foundation

YEREVAN, May 8. /ARKA/. The April beneficiary of ‘’The Power of One Dram’’ initiative was the “Davitbek Games” Foundation. The accumulated 5,293,423  AMD will give an opportunity to the foundation to expand its activities by reaching more young people within the framework of the annual pan-Armenian competition-festival held in Syunik.

The beneficiary of May is the ‘’Vahe Meliksetyan’’ Foundation, named after Vahe Meliksetyan, a clinical pharmacist, scientist, and lecturer at the Department of Clinical Pharmacology at Yerevan State Medical University, who died in the 2020 Artsakh war.  ‘’One drams’’, collected during the initiative will be used to organize a half marathon in Vanadzor, Lori region. The goal of the project is to encourage a healthy lifestyle among residents, activate regional community life. Financial literacy seminars will also be organized during the half-marathon.

Tatevik Vardevanyan, Head of Communication and Social Responsibility Programs department at Idram and IDBank, notes: “By supporting this initiative, we aim to promote the sustainable and continuous development of regions and communities, which is one of the key directions of Idram and IDBank’s corporate social responsibility. We also emphasize that the project includes an important educational component, creating new opportunities for the development of the financial knowledge and skills. Within the framework of cooperation with the Foundation, we plan to implement financial and digital literacy courses. We are confident that this event will become a valuable sports and educational platform.”

Sargis Meliksetyan, Executive Director of the ‘’Vahe Meliksetyan’’ Foundation noted: ‘’It is a great honor for us to once again become a beneficiary of ‘’The Power of One Dram’’ initiative. This cooperation is of particular importance to us, as back in 2021, Idram and IDBank became the first corporate partners of the newly established foundation. We express our gratitude and are confident that, through our joint efforts, we will be able to bring the ‘’VMH Vanadzor Half Marathon 2026’’ to life, promoting a healthy lifestyle and community engagement in the Lori region.’’

‘’The Power of One Dram’’ continues to support important social, community and educational initiatives. To participate in the initiative’s good deeds, all the payments must be made through the Idram&IDBank app, IDBanking.am and banking.idram.am online platforms, Idram and IDBank terminals, and for each payment, companies will alocate one dram to important programs.

spot_img

POPULAR

Exchange rates of the euro, ruble, and dollar against the Armenian dram have risen – Central Bank of Armenia data

he average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, rose by 0.14 points on September 25 compared to September 24, reaching 363.52 drams.

Armenia proposes EBRD expand SME support to diversify exports

Armenian Minister of Economy Gevorg Papoyan and a delegation from the European Bank for Reconstruction and Development (EBRD)—led by Elisabetta Falcetti, Managing Director for Turkey and the Caucasus—agreed to advance their cooperation agenda during a meeting on Thursday.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

ADB maintains Armenia inflation forecast based on 7-month data

The Asian Development Bank (ADB) has kept its inflation forecast for Armenia unchanged at 4.2% for 2026 and 3.5% for 2027, noting that inflation trends over the first seven months were generally in line with expectations.

LATEST NEWS

spot_imgspot_imgspot_img