"Converse Bank" continues funding development programsJuly 14, 2009 - 20:46 AMT PanARMENIAN.Net - "Converse Bank" continues assisting various development programs. The last step in that direction was the funding of "Atis" basketball team in March 2009, Souren Zohrabyan, branch and management services director, told today a news conference attended by Basketball Federation President Hrachya Rostomyan and "Atis" team's Executive Director Arthur Nazaryan.Converse Bank's initiative is aimed at promoting healthy way of life among Armenian youth and assisting in the development of professional basketball. "The future of any business is closely linked to the state's social welfare, stability and level of education. That's why, Converse Bank attaches great importance to the implementation of programs envisaging social-corporate responsibility in spheres of education, culture and sports," Zohrabyan noted. In 2009, Converse Bank also assisted in the organization of ballet Spartak. Currently, it sponsors the "Open Musical Festival" aimed at the development of tourism. The festival which will last 2 months will introduce Armenians and foreigners to the masterpieces of musical culture. The bank is also the general sponsor of "Fruitful Armenia" project aimed at the development of agriculture in Armenia. Converse Bank also plans to provide financial support to the organizers of events dedicated to the birth anniversary of great Armenian poet Hovhannes Toumanyan. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |