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On The Eve Of School Year Ardshininvestbank Organizes Festive Action

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  • On The Eve Of School Year Ardshininvestbank Organizes Festive Action

    ON THE EVE OF SCHOOL YEAR ARDSHININVESTBANK ORGANIZES FESTIVE ACTION AT "ZATIK" CHILDREN's HOME

    YEREVAN, AUGUST 23. ARMINFO. The staff of "Ardshininvestbank"
    organized today a true holiday for 130 inmates of "Zatik" Children's
    Home (Yerevan) on the eve of a school year.

    They presented clothes, shoes, stationery, as well as two computers.
    Ardshininvestbank allotted more than 2 mln AMD for organizing the
    action with gifts. Deputy Chairman of Board of Ardshininvestbank Sergey
    Virabyan informed journalists that despite the fact that about 50
    mln AMD is being allotted annually from their budget for both charity
    and sponsorship, it is their first benevolent action intended exactly
    for inmates. The bank also established scholarships for students of
    some country's universities. "Perhaps, such scholarships also will
    be established for graduates of the Children's Home entering to
    universities", Virabyan noted.

    Director of "Zatik" Ashot Mnatsakanyan, in his turn, noted that
    12 inmates submitted applications for entering universities and
    specialized secondary educational institutions this year. He also
    informed that they spend their summer holidays at Hankavan and Sevan
    resorts every year. 1.900 AMD are allotted monthly from the state
    budget for each inmate (higher by 600 AMD than in 2004). Mnatsakanyan
    informed that "Karagezyan" Benevolent Foundation financed the repair
    of corridors and water-pipe of the home in 2005.

    To note, 990 children live in Armenia's Children's Homes and only
    5% of them are orphans, 45% have one parent, and the rest 50% have
    two parents.
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